Forex (foreign exchange, FX or currency exchange) trading is the simultaneous buying of one currency and selling of another. The vast forex market moves the global economy and is the most traded market in Australia and the world; hence its enormous appeal for all traders.

 

Forex (foreign exchange or FX) trading is a true 24-hour market that operates five and a half days a week. For example, FX traders in Australia have access to the Forex market starting Monday morning when the market opens in Australia for the start of the trading week. Forex Trading centres around the globe then come online until the US closes the next morning (Australian time), by which time Australia has reopened for the next trading day, so traders can continue to trade around the clock until the New York close on Saturday morning.

 

To find out more about Forex Trading in general and in Australia follow the links below.