FOREX TRADING

The foreign currency trading market,know also as forex or foreign exchange market,is a trading market for simultaneously buying one currency and selling another.The foreign currency trading trading market is the largest market in the world,with trades of over $ 1.95 trillion every day.This is more than three times of the total stocks and futures market combined.Even though it is the biggest market in the world,its size is all virtual and it does not occupy any physical center.The foreign currency trading market is run entirely through electronic means,and has no physical location,and so actual foreign currency trading is done mainly through the internet.Currency trading is  in play all the time-this means people are trading foreign currencies 24 hours a day 7 day a week.Unlike the stock market,foreign currency take place directly between the two sides that are neccessary to make the trade.This is only one of the advantage of  the foreign currency trading market.

                   Real- time currency trading
The online foreign currency trading market is almost entirely a "spot" market.A "spot" market means that the trading is made immediately or "on the spot".The settlement of those foreign currency trading spot transactions is made within two working days.
                   Major foreign currencies
The main currencies that are traded in FOREX are:U.S Dollar (USD),Euro Dollar(Euro),Japanese yen(JPY),British pound sterling( GBP),swiss franc(CHF),canadian Dollar(CAD)and australian Dollar(AUD).