[INTRODUCTION] Forex financial market

Forex – the foreign exchange market – is the World's most interesting financial market. It is one of the 

few markets whose sheer size makes it almost impossible for any one person, institution or government 

to control. Unlike other Financial Security markets, Forex has no centralized market. 

There is no single location where transactions are placed.  

Forex is the largest financial market in the world. The market is open 24 hours a day from Monday to 

Friday and it records trading volumes of more than $3.5 trillion per day. 

The massive trade volume in the Forex market – three times greater than the sum of all US financial markets combined - makes the Forex market the most liquid market in the World. 

Your trades will always be carried out immediately.

In the Forex market, the transactions that are undertaken are necessary because large institutions, 

governments, businesses and individuals need foreign currency to buy and sell goods and service. 

The foreign exchange market allows fund managers, banks, companies and individuals to buy and sell 

foreign exchange globally.

The market was previously an Inter Bank market. It was generally conducted between large financial 

corporations, brokers and even governments. The market has now moved to such a state that anyone 

can participate. However, the market still gets its prices from the largest participants in the market, 

based in financial centers such as London and New York.