Forex is the biggest financial market. There are three sessions that combine the European, Asian and United States trading sessions. Currency is traded in different measured bundles. The little scale part is 1,000 units of a currency. All currency trading is done in pairs.
Sure, you've come across many financial news stories that talk about market liquidity more than once, but do you know what market liquidity means or what liquid markets are? If we talk about market liquidity, it will largely depend on the number of buyers and sellers present in the market. Logically, the more participants there are, the easier we can 'place' our assets. And the more liquid the purchase, the faster we can sell it. Forex is often mentioned in the context of the most liquid https://thecentsofmoney.com/why-liquid-net-worth-matters/ financial market in principle.
Yes, forex is the biggest financial market, in the daily market occurs in a billion-dollar transaction, but for trader forex included risky business, without good knowledge and experience, will difficult to make a consistent trading profit, choosing low spread broker and regulated is important to minimize scammed by broker.
FXOday posted: Yes, forex is the biggest financial market, in the daily market occurs in a billion-dollar transaction, but for trader forex included risky business, without good knowledge and experience, will difficult to make a consistent trading profit, choosing low spread broker and regulated is important to minimize scammed by broker.
I would say that Forex is the biggest financial environment. It can be called a market but forex differs from any other financial markets that exist nowadays as there is no central regulation in forex. So, I believe that the word 'environment' is more suitable to describe forex.
MarcellusLux posted: Yes, the biggest, but just wondering if the crypto market could ever displace forex from this place?
Still, not yet any statistics show and compared forex market vs crypto market, but look emerging crypto, market capitalization in the main crypto, already in billion-dollar too, example Bitcoin 24 hours volume reach 33 billion according to Coinmarkepcap, Ethereum reach 33 billion volume daily
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.