Understanding The Forex Market. Forex Trading For Beginners.

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 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.

Due to the Forex market being the biggest, it means that your orders can be easily executed at any time of the day. One thing that works in your favour is the low cost of executing these trades. No matter how much you trade, the cost is fixed. Unlike the stock market, due to liquidity issues, the more you order the higher your brokerage.

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.

When there is a large amount of volume in the forex market, that is the best time to trade. Also trade when there are many currencies being traded because at this time the markets are liquid. If the markets are liquid, this increases your chance of making a profit. You are less likely in making a profit in slower market because they are not liquid. Stay away from these market conditions.

How To Get Involved. Forex Trading For Beginners.

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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.