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What is the FOREX Market

The FOREX market is unique in terms of its scale and liquidity. It also has many features that make it an ideal market for opportunistic day traders who have the courage and discipline to balance the risk reward equation consistently. Below is a list of the market features that make it such an attractive market for day trading.

The FOREX Market....

  • Is the largest market in the world and it is growing every year
  • Has 24 hour trading
  • Opens Sunday 10:00 PM GMT
  • Closes Friday 10:00 PM GMT
  • Has low transaction
  • Is a purely electronic market
  • Offers highest level of leverage available in any market
  • Has low entry costs
  • Allows you to profit from both rises and falls in a currency
  • Has a decentralized market structure increasing competition

These attributes combine to create the ideal short term trading market, which you can easily participate in from the comfort of your living room any time of the day or night. Of course there are risks and managing those risks is one of the most challenging aspects of FOREX trading, however with a good system and the discipline to stick to it the rewards are immense.