We give you direct access to the largest most volatile financial market today, with an average daily volume of $5.3 trillion. By not having a centrilised marketplace, forex trading allows every trader to trade in any market at any time, 5 days a week with the exception of weekends.
Foreign exchange, commonly known as 'Forex' or 'FX', is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market.
Currency Trading is the act of buying and selling (trading) different currencies of the world. The Foreign Exchange (or Forex) is the market that allows you to trade currencies in volume.
The foreign exchange market is the market in which participants are able to buy, sell, exchange and speculate on currencies. Foreign exchange markets are made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors.
Forex is essentially a liquid market of currency pairs that react to global news, events and economic policies. As the currencies of the world vie against each other, traders, corporate businesses, hedge funds as well as investment and trading houses look to profit from the volatility of the currency fluctuations.
Trade forex around the clock with spreads starting from 0 pips, flexible leverage and largest liquidity providers on the world's popular trading platform MetaTrader 4 provided to you by GlobCapital.