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.

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 Can I 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.

The best time to trade the forex markets is when there are huge volumes being traded when several countries are trading at the same time because during these hours, you can take full advantage of the liquidity in the forex market. The more liquid the markets are, this increases your chances of making a profit. Slower markets, there is less likely a chance of making money and therefore forex traders usually stay away.

Get Involved with forex trading. Forex Trading For Beginners

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Now you can get involved with the biggest and most liquid market in the world and here is your chance. You can download a FREE PDF report and view my forex trading for beginners, 6 part video training series FREE. Click this link and enter your details to get access to this. Subscribe to my youtube channel as I discuss different currency pairs and the trades that I have taken on them.

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 forex market. Danny has been educating investors over the last 3 years and really simplifies it for the average everyday investor.