What Is Forex?
The foreign exchange market forex is that place where traded many currencies. Forex market is the largest financial market in the world. More than trillion dollar trade here every day. In forex market all transactions occur via computer networks between traders around the world.
This market is open 24 hours a day, five and a half days a week. Currencies are traded worldwide in the major financial centers of New York, London, Frankfurt, Tokyo, Zurich, Hong Kong, Singapore, Sydney and Paris. This means that when the forex trading day in the U.S. ends, the forex market begins a new in Tokyo and Hong Kong.