The Forex market is the biggest market in the world and plus it also the most liquid market. It's primarily used by bankers and dealers that exchange a huge amount of foreign currency. It's mostly used to facilitate trade and investment between countries. The forex market is open 5 days a week, 24 hours a day and the volume in the forex market is over $4 trillion a day.
"Forex Trading For Beginners"; What's The Volume Traded In Different Exchanges Across The World.
The New York stock exchange is the biggest exchange where foreign currency is traded. There is between $155-170 Billion dollars exchanged through this exchange on a daily basis. The Australian exchange (ASX) trades about $4-5 Billion dollars a day. Every single asset combined, does not come close to the size of the forex market.
Due to the Forex market being the biggest, it means that your orders can be easily executed at any time of the day. One thing that works in your favour is the low cost of executing these trades. No matter how much you trade, the cost is fixed. Unlike the stock market, due to liquidity issues, the more you order the higher your brokerage.
When Is The Best Time To Trade Forex? Forex Trading For Beginners.
Forex trading used to be only available to institutional investors. Due to the development of technology, forex trading is now available to everyone and it's the preferred investment vehicle for the wealth due to the forex market being highly liquid, transparent, and the speed of execution.
The foreign exchange market is available from Monday morning sydney, Australia to Friday afternoon in New York. The forex market can be broken up into four major trading sessions: the Sydney, Tokyo, London and New York sessions.
Trading the forex market is best done when there is a large amount of volume. Also when there are several currencies being traded i at the same time, this means at this time the forex markets would be liquid and will increase your chances of making a profit. You will find it hard to make money in slower markets because they are not liquid.
Get Involved with forex trading. Forex Trading For Beginners
I:1:P
If you have always wanted to trade the biggest market in the world, but don't know where to start, here is your chance to get involved. You can find out more about forex trading by downloading my FREE FX Report and you will also receive our forex trading for beginners, 6 Part Video Training Series FREE. You can also subscribe to my youtube channel where I discuss various currency pairs and trades that I have taken.
"Forex Trading For Beginners"; What's The Volume Traded In Different Exchanges Across The World.
The New York stock exchange is the biggest exchange where foreign currency is traded. There is between $155-170 Billion dollars exchanged through this exchange on a daily basis. The Australian exchange (ASX) trades about $4-5 Billion dollars a day. Every single asset combined, does not come close to the size of the forex market.
Due to the Forex market being the biggest, it means that your orders can be easily executed at any time of the day. One thing that works in your favour is the low cost of executing these trades. No matter how much you trade, the cost is fixed. Unlike the stock market, due to liquidity issues, the more you order the higher your brokerage.
When Is The Best Time To Trade Forex? Forex Trading For Beginners.
Forex trading used to be only available to institutional investors. Due to the development of technology, forex trading is now available to everyone and it's the preferred investment vehicle for the wealth due to the forex market being highly liquid, transparent, and the speed of execution.
The foreign exchange market is available from Monday morning sydney, Australia to Friday afternoon in New York. The forex market can be broken up into four major trading sessions: the Sydney, Tokyo, London and New York sessions.
Trading the forex market is best done when there is a large amount of volume. Also when there are several currencies being traded i at the same time, this means at this time the forex markets would be liquid and will increase your chances of making a profit. You will find it hard to make money in slower markets because they are not liquid.
Get Involved with forex trading. Forex Trading For Beginners
I:1:P
If you have always wanted to trade the biggest market in the world, but don't know where to start, here is your chance to get involved. You can find out more about forex trading by downloading my FREE FX Report and you will also receive our forex trading for beginners, 6 Part Video Training Series FREE. You can also subscribe to my youtube channel where I discuss various currency pairs and trades that I have taken.
About the Author:
Danny Younes is a outstanding investor and wealth strategist with over 7 years experience. Danny educates people on how to invest money wisely on the derivatives market and foreign currency market. Danny has been educating investors over the last 3 years and really simplifies it for the average everyday investor.
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