Trade 24 hours, 5 days a week
Trade forex with competitive spreads.
One of the major benefits of forex is the near consistent trading you can do. You can trade forex 24 hours a day, Monday through Friday, as global markets open and close.
Access a wide range of markets and the most traded forex pairs, global indices, commodities, energies and more.
Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world's currencies trade. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion. All the world's combined stock markets don't even come close to this. But what does that mean to you? Take a closer look at forex trading and you may find some exciting trading opportunities unavailable with other investments.
Forex trading is the buying of one currency (the base) and selling of another (the quote). You
predict if the base will strengthen or weaken against the quote, which determines whether you will
profit or lose.
If you believe the market will rise (“appreciate”), you would go long (“buy”); if you believe the market will fall (“depreciate”), you would go short (“sell”).
If you've ever traveled overseas, you've made a forex transaction. Take a trip to France and you
convert your pounds into euros. When you do this, the exchange rate between the two currencies—based
on supply and demand—determines how many euros you get for your pounds. And the exchange rate
A single pound on Monday could get you 1.19 euros. On Tuesday, 1.20 euros. This tiny change may not seem like a big deal. But think of it on a bigger scale. A large international company may need to pay overseas employees. Imagine what that could do to the bottom line if, like in the example above, simply exchanging one currency for another costs you more depending on when you do it? These few pennies add up quickly. In both cases, you—as a traveler or a business owner—may want to hold your money until the exchange rate is more favorable.