The Foreign Exchange market, also called FOREX or FX, is the global market for currency trading. With a daily volume of more than $5.3 trillion, it is the biggest and most exciting financial market in the world. Whether you sell EUR 100 to buy US dollars at the airport or a bank exchanges 100 million US dollars for Japanese yen with another bank, both are FOREX deals. The players on the FOREX market range from huge financial organizations, managing billions, to individuals trading a few hundred dollars.
"On the FOREX market one currency is exchanged for another. The single most important thing with respect to FOREX market is the exchange rate between two currencies (a currency pair). "
For those who know what they are doing, Forex trading can be very profitable activity although it doesn't come without risks. To get the best out of your trading experience. It is critical that you choose a Forex platform/broker that can offer you everything you need from demo platforms to educational tools.
Selecting the right broker can be a time-consuming process. Who do you choose and why? What do you look out for and how do you know that the company/broker is safe? That is where we come in. Our team of experts scour the internet reviewing and rating all of the markets, so that we only present you with the best of them. It is then up to you to make an informed decision as to how much to invest.