What is Forex All About
Slide 1 of 5
Welcome to Forex
Forex, short for Foreign Exchange (also known as FX), is the global decentralized marketplace where the world's currencies are traded. It is the single largest financial market on the planet, bigger than the stock market, the bond market, and the crypto market combined.
$7.5 Trillion
Daily Volume
Per day. Every single day.
24 Hours / 5 Days
Operating Hours
From Sydney open to NY close.
Fully Decentralized
Market Type
No central exchange or building.
The Forex market is not a physical building. It exists entirely as an electronic network of banks, financial institutions, and individual traders, all connected through a system called the Interbank Market. When you open your broker app and click "Buy" on EUR/USD, your order flows through this massive global network.