Wednesday, September 20, 2017

Features that differentiate the Forex market

The term Forex means "exchange of currency". In the past, it was a very tight market with a very small number of operators, it is now a completely open market in which they operate from banks to small customers who can trade only with a computer with an Internet connection.

Forex Market Keys

The most significant feature of the Forex and which gives off most of its advantages is that it is an over-the-counter (OTC) market, that is, it is a global market that does not have a physical location and some defined trading hours.

The Forex market is located anywhere in the world with a simple mobile device. Where two people exchange currency through electronic means, is the Forex market.

The foreign exchange market is a business with derivatives, where the strength of its operations are speculative, with the sole purpose of making profits.

Today the Forex market is an investment market, the largest and most liquid in the world, even above any stock market where more than 3 trillion dollars are traded daily.

In the Forex market there is a daily trading volume so great that it is impossible for a single trader to influence price formation. That is to say, that a great broker can not move the price of the currencies as it happens with the stock markets.

In addition, you can trade the 24 hours, what an investor in Forex, you can adapt your trading sessions to your personal and professional life.


No comments:

Post a Comment