Forex (FX) refers to the Foreign Exchange Market and is also known as currency trading. Over the last three decades the Forex market has grown to be the world's largest financial market with an average daily trading volume exceeding $5 trillion. The market is a decentralized global market in which currencies are traded with an electronic network of banks, brokers, institutions, and individual traders. The Forex market is a liquid market of currency pairs that react to global events, politics and news. Currencies of the world vie against each other and traders look to trade the volatility of the currency fluctuations. The Forex market is open five days a week, 24 hours a day except on holidays. Forex provides opportunities in periods of high volatility due to the market constantly moving. Since Forex trading involves buying and selling currencies, traders can always profit from the rising or falling market.

Forex trading allows traders to:

 - Hold long or short positions

 - Profit from the high liquidity of the market

 - Profit on the volatility of the market

 - Trade on a wide range of currency pairs

 - Trade on the margin