What is forex

Forex market participants

Forex market participants mainly are commercial banks executing orders from exporters, importers, investment institutions, insurance and retirement funds, hedgers and private investors.

Retail clients as well as investors and entrepreneurs that have export and import businesses, are able to perform forex trading with the aim to make profit.

These companies often require converting currency assets, when doing business abroad. Big companies convert large amount of currencies to support functionality of a day to day operations, this makes forex market a perfect tool to minimize liabilities and maximize profits. Large variety of trading instruments easily allows companies to achieve desired results.

Investment banks and funds offer the services of currency trading, bank deposits, crediting and other financial services to their clients. And they are market participants themselves, where they speculate and manage risks.

Government and central banks participate and use foreign exchange market to control, regulate local market and to balance economic situation of the country.

Key advantages of forex market

  • High liquidity with constant demand and supply

  • Long working hours for speculative trading

  • Transparent market with no ability to manipulate price

  • Great liquidity which create constant opportunity

  • Numerous trading instruments to satisfy any investors demand

  • Ability to make profits from rising and/or falling prices

  • Ability to control risk and maximize potential profits

  • Accessible to nearly all interested parties

  • Low capital requirements

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