The Foreign Exchange Market, or Forex market, is a worldwide market where buying and selling
currency pairs occurs.
Currency trading takes place 5 days a week and 24 hours a day. It is estimated
that approximately 1.5 trillion dollars are trading daily in the Forex market.
Advantages of trading on the Forex market:
Open 24 hours a day, 5 days a week
Brokers earn their money from setting spreads, they don't work on a commission basis. Spreads are the difference between what a currency can be bought for and sold at.
Even a small movement in a currency pair can generate profits
