The Foreign Exchange market is popularly known as “FOREX” market. Forex trading involves trading of a currency pair, in which one currency is bought / sold against another currency at the prevailing market rate. Currently the estimated traded volume of Forex market is over 5 Trillion $ per day Globally, and it’s available to trade over the counter, 24 hours a day.
Forex Market participants include Bank, Corporates, Exchange houses, Exporters, Importers and Individual investors.
Forex is Traded for Several Reasons:
The huge size of the Forex market
A number of different currencies to trade
Different degree of volatility
Lower transaction costs
24 / 5 trading
The Key Elements of Forex Trading with Orient Financial Brokers:
Take part in the largest financial market in the world
Open large deals with a relatively small investment
Invest in a wide variety of currency pairs
Receive free access to useful education resources
Trade in your free time, easily, from your PC or mobile device