The foreign exchange market is open 24/7 except weekends. Forex attracts users because it is the largest market among all and has the highest liquidity. The daily turnover of funds here exceeds 9 trillion dollars.
Forex trading involves the exchange of one currency for another. Currencies are always traded in pairs, such as the euro versus the dollar (EUR/USD). In a currency pair, one monetary unit will always grow, while the other, on the contrary, will decrease.
Working on Forex is similar to trading in stocks or any other assets, except that the user trades one currency for another, while the supply of the base currency does not occur. The most important advantage of Forex over other financial markets is that it is possible to trade in micro lots.
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