Forex trading is the simultaneous buying and selling of the world’s currencies on a decentralised global market. It’s also referred to as the foreign exchange or FX market.
As one of the largest and most liquid financial markets in the world, its total average turnover per day is reported to exceed $5 trillion.
The forex market is not based in a central location or exchange so is open to trade 24 hours a day, from Sunday night through to Friday night.