Forex is the acronym that stands for Foreign Exchange Market and indicates the market on which traders trade currencies on a daily basis for speculative purposes. Forex is the largest market in the world, by volume of capital traded and daily liquidity.
The Forex market is attended by large and small players, who seek to invest in the right trend. In addition to large banks, including central banks, hedge funds and large investment companies, forex brokers also operate in this market.
The large capitals are obviously those that are moved by central banks and these are the most important players in this market. Central banks can in fact move large amounts and change the appreciation or depreciation of a currency.
In fact, on the Forex market what is sold and bought are currency pairs, whose value is given by the volume of exchanges that is taking place on the market at that moment.
However, the prices established by the various brokers are very similar and the variations mainly depend on the commissions that the broker requires.
The Forex market is very popular with investors for a variety of reasons, one of which is its hours. In fact, it is possible to invest in this market 24 hours a day, 5 days a week, since the various sessions take place in different areas of the globe.
For a complete guide on the subject, we advise you to read How does Forex work and what is it? Earning with the exchange between currencies.
