Not only is the foreign exchange market is the biggest market in the world, it's also the most liquid market and is mainly used by dealers and bankers who exchange a large amount of money. You can trade the forex market anytime during the day, when it's most convenient to you because the forex market is open 24 hours a day 5 days a week. There is around $4 Trillion dollars a day that is exchanged on the forex market.
Exchanges Trading Volume Around The World. "Forex Trading For Beginners".
The volume in the exchanges around the world varies. The New York exchange is the biggest exchange and has between $155-170 Billion dollars a day. The Australian stock exchange (ASX) has between $4-5 Billion dollars a day. Globally combined the forex market is the biggest, more than every single asset class combined.
At any time during the day, your trades can be executed promptly because the foreign exchange market is the biggest market in the world. The cost to transact a forex trade is quite small compared to the stock market because on the stock market there are liquidity issues and of course due to this the brokerage is normally higher.
When Is The Best Time To Trade Forex? Forex Trading For Beginners.
The people that primarily invest in the forex market are the big institutional investors. Now due to the advent of the internet and the development of software, anybody has access to the forex market and can make money. The wealthy prefer to trade the forex market because ti transparent, fast and highly liquid.
The Forex market operates between Monday morning Sydney, Australian time through to the afternoon on Friday in New York. There are four different trading sessions that operate during the day; Sydney, Tokyo, London and New York.
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.
How To Get Involved. Forex Trading For Beginners.
I:1:P
Get involved with the Forex market, the biggest market in the world. Download your FREE PDF FX Report and view our forex trading for beginners, 6 part video training series for FREE. To get access to this click this link and enter your details. Also subscribe to my youtube channel as I talk about different trades I have taken and talk about the forex market in general.
Exchanges Trading Volume Around The World. "Forex Trading For Beginners".
The volume in the exchanges around the world varies. The New York exchange is the biggest exchange and has between $155-170 Billion dollars a day. The Australian stock exchange (ASX) has between $4-5 Billion dollars a day. Globally combined the forex market is the biggest, more than every single asset class combined.
At any time during the day, your trades can be executed promptly because the foreign exchange market is the biggest market in the world. The cost to transact a forex trade is quite small compared to the stock market because on the stock market there are liquidity issues and of course due to this the brokerage is normally higher.
When Is The Best Time To Trade Forex? Forex Trading For Beginners.
The people that primarily invest in the forex market are the big institutional investors. Now due to the advent of the internet and the development of software, anybody has access to the forex market and can make money. The wealthy prefer to trade the forex market because ti transparent, fast and highly liquid.
The Forex market operates between Monday morning Sydney, Australian time through to the afternoon on Friday in New York. There are four different trading sessions that operate during the day; Sydney, Tokyo, London and New York.
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.
How To Get Involved. Forex Trading For Beginners.
I:1:P
Get involved with the Forex market, the biggest market in the world. Download your FREE PDF FX Report and view our forex trading for beginners, 6 part video training series for FREE. To get access to this click this link and enter your details. Also subscribe to my youtube channel as I talk about different trades I have taken and talk about the forex market in general.
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 stock market and FX market. Danny has been educating investors over the last 3 years and really simplifies it for the normal everyday investor.