Forex Education

The Forex market is the largest market in the world and is worth one and a half trillion dollars. At first site this may seem daunting, but it is exactly the sheer size of the immense Forex market that makes it the ideal market for small and large traders a like. When you invest in the Forex market, you know that you are in for the ride of a lifetime. In addition, there are so many advantages to the Forex over other markets, that there is simply no comparing them. There are truly more options in the Forex than in any other market.

Firstly, the size of the market dictates the high liquidity of the stock. Whenever you want to sell stock, you may be sure that there will always be a buyer for it. Same thing goes whenever you wish to buy stock. When you are dealing with a market the size of the Forex, you know that you will always have transaction ready for you, since it is worth a lot of money. In addition, this means that deals will be made much faster with less slippage of the prices.

Foreign exchange trading is the simultaneous buying of one currency and selling of another. Examples of currency trading pairs are Euro/US Dollar (EUR/USD) and US Dollar/Japanese Yen (USD/JPY). Most currency transactions involve the "Majors" - US Dollar, Euro, Japanese Yen, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar.

Unlike most financial markets, the foreign exchange market has no physical location and no central exchange. The Forex market operates through an electronic network of banks, corporations and individual traders. Forex trading begins every day in Sydney, then moves to Tokyo, followed by London and then New York. The major market makers, or dealers, consist of the commercial and investment banks, the exchange traded futures, and registered futures commission merchants (FCMs) such as FX Solutions. FX Solutions' dealing desk is open 24-hours a day from Sunday 16:00 to Friday 16:30 Eastern Time.