Global Foreign Exchange Market for beginners: Hands-on Training

The foreign exchange market (forex, or FX, market) is an institution for exchanging one country's currency for another. A trader buys one currency and sells another, and the exchange rate varies constantly based on supply and demand.

Why Forex?

The forex market is the largest financial market in the world in terms of trading volume, liquidity, and value. The difference is so huge that it would take around 30 days of trading on the New York Stock Exchange to equal one day of Forex trading.

Forex is a worldwide marketplace operating 24 hours a day, Monday through Friday. All forex trading is done over the counter (OTC), which means there is no physical exchange (as there is with stocks), and the market is overseen by a worldwide network of banks and other financial organizations (instead of a central exchange, like the New York Stock Exchange). Bank for International Settlements in Basel, Switzerland, is one such institution that collects and provides access to the data. It is owned by 60 central banks around the world and is, therefore, sometimes called the bank for central banks.

The Global Forex market

This course will provide you with a look at Global Forex Markets from the inside and facilitate hands-on training on all key aspects.