FOREX Questions Answered – Part One

Active Investing, Exchange-Traded Funds, Investing, Mutual Funds, Passive Investing

The Forex Market serves an important role to allow banks, businesses, governments, investors and traders exchange and speculate on currencies. It is the largest and most liquid market in the world, coming in with an average daily turnover of $3.98 trillion. It is open 24 hours a day, five days a week (excluding public holidays).

Currencies are traded worldwide among the major financial centers of London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris and Sydney. Read on to find answers to our Part 1 – Questions on trading Forex.

Keen to learn more? Check out our next article in the Forex series – Forex Questions Answered Part 2 !

Interested in diversifying your portfolio? Contact an advisor today!

Written by

Sha Osman

Last updated on

April 17th 2019, 10:40 am

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