The Forex market is the biggest and most liquid market in the world, with over $6.5 trillion exchanged every single day. That’s almost eight times more than the entire crypto market at its peak. So whether you’re a seasoned investor, or someone who trades internationally, it’s a good...
In most countries around the world, forex trading is a popular form of trading among retail investors. The global forex markets are open 24 hours a day, Monday to Friday, and the average forex trading volume is over $7tn daily. As many traders know, the forex market is not...
Foreign exchange, more commonly known as Forex or FX, relates to buying and selling currencies with the purpose of making profit off the changes in their value. As the biggest market in the world by far, larger than the stock market or any other, there is high liquidity in the forex ...
Market Terminology Let’s look at the most important forex terms:Ask and Bid Prices - The Ask price is the price an instrument can be bought at, and the Bid price is the price an instrument can be sold at. The Ask price is always higher than the Bid price, so initially every trade ...
The forex or the foreign exchange market is the biggest and the most liquid financial market in the world. Dwarfing other markets in size, including the stock market, the forex market has an average traded value of around $5 trillion per day – a figure that’s constantly on the rise. ...
Forex is an over-the-counter market, that is, there is no common platform for currency exchange transactions. At its core, the Forex market is a set of market makers (banks) that offer their services to everyone who wants to exchange certain currencies. Some banks are merging into larger ...
Understanding Forex Trading An agreed exchange rate allows for the exchange of currencies in forex trading. Forex is the biggest financial market in the world by far, and it has a daily trading volume of over $7 trillion. The forex market provides trading hours during the week, around the cl...
The foreign exchange market (FOREX Market) is the World’s biggest O-T-C market in the world. There are multiple locations where transactions are placed. The market is open 24 hours a day and it records trading volumes of more than $5 trillion per day. Also Forex market is the most ...
Forex and CFD trading Variety of trading strategies Algorithmic trading Low fees and competitive spreads Good customer support Excellent educational materials and research HYCM Summary In conclusion, HYCM is a strong and reliable company in the financial market. It is considered a trustworthy broker, of...
The forex market fluctuates, but can reportedly reach a value of up to $4.7 to $5.3 trillion per day. To date, at least 15 banks are reportedly under investigation by various regulators regarding the forex market. Moreover, more than a dozen currenc...