The world's largest financial market
The foreign exchange market is by far the largest financial market in the world by trading volume, with trillions of dollars changing hands daily β far exceeding the volume of global stock markets combined, largely because currency conversion underlies nearly all cross-border trade and investment.
Frequently Asked Questions
Is retail forex trading risky for individual investors?
Yes β the common use of high leverage in forex trading means that losses can accumulate quickly and can sometimes exceed an initial investment, which is why it is generally considered a higher-risk activity than many other forms of investing.
Why does the forex market never fully close during the trading week?
Because major financial centers around the world are located in different time zones, as one major market closes for the day, another is opening elsewhere, allowing continuous trading throughout the business week.