• Forex

    What Is Forex?

    Forex, or foreign exchange (FX) is a decentralized market where the currencies are traded. Forex works the same way as markets with other financial securities such as bonds or stocks, except for FX being the most liquid market of all. The daily trading volume of forex exceeds $5 trillion, which is much more than daily sums circulating through stock exchanges. The major trading centers are located in huge cities such as Sydney,  New York, London, Zurich, Frankfurt, Singapore, Hong Kong, Tokyo.