Forex
Engage in the largest currency exchange market globally, offering over 150 currency pairs, backed by robust trading tools and round-the-clock live assistance.
Engage in the largest currency exchange market globally, offering over 150 currency pairs, backed by robust trading tools and round-the-clock live assistance.
Forex trading, in its simplest form, is similar to the currency exchange you might engage in while traveling abroad: A trader buys one currency and sells another, with the exchange rate fluctuating frequently due to supply and demand.
The foreign exchange market is a global platform that operates 24 hours a day from Monday to Friday, where currencies are traded. Forex trading occurs entirely over the counter (OTC), meaning there is no physical exchange, and the market is regulated by a global network of banks and other financial institutions.
Institutional traders, such as those working for banks, hedge funds, and multinational corporations, dominate the forex market. These traders often do not seek to take actual possession of the currencies; instead, they may be speculating on or hedging against future fluctuations in exchange rates.
