Online Forex - Online Forex TradingForeign Exchange (Forex) is the simultaneous buying of one currency and selling of another. The foreign
exchange market is the largest financial market in the world, with a volume of over trillion daily; more than three times the aggregate amount of the US Equity and Treasury markets combined. Unlike other
financial markets, the Forex market has no physical location, no central exchange. It operates through an electronic network of banks, corporations and individuals trading one currency for another. The lack of a physical exchange enables the Forex market to operate on a 24-hour basis,spanning from one zone to another across the major
financial centers. Traditionally, only means of gaining access to the foreign exchange market was through banks that transactedlarge amounts of currencies for commercial and investment purposes A trade in the
Forex market involves selling or buying one currency against another.There is limited correlation between the foreign currency market and the stock market. A bullmarket or a bear market for a currency is defined in terms of the outlook for its relative valueagainst other currencies. If the outlook is positive, we have a bull market in which a traderprofits by buying that
currency against other currencies. Conversely, if the outlook ispessimistic, we have a bear market for that currency and traders may profit by selling thecurrency against other currencies. In either case, there is always a good
trading opportunityfor a trader The backbone of the Forex market consists of a global network of dealers. They aremainly major
commercial banks that communicate and trade with one another and with their clients through electronic networks and telephones. There are no organized exchanges to serve as a central location to facilitate transactions the way the New York
Stock Exchange serves the equity markets. The Forex market operates in a manner similar to the way the NASDAQ market in the United States operates; thus it is also referred to as an over the counter (OTC) market