Forex and cryptocurrency trading are two of the hottest areas in the financial services industry. You can trade forex with Tradefxasia.com. That’s because trading in both those types of assets give people an opportunity to make huge financial gains in a short period of time. Forex and cryptocurrency trading have also brought a lot of new investors into the market. many of these new investors are excited about the opportunities these two assets present. Plus, many experienced investors are beginning to make more trades involving forex and cryptocurrency as well. They are seeing even novice investors making money hand over fist trading in the cryptocurrency and forex markets and want to get in on the action.
The Forex Market
The foreign currency exchange or Forex market is attractive to many investors because it is the world’s largest financial market by volume. Over $4 trillion a day changes hands in the foreign exchange markets around the world. The New York Stock Exchange only does $25 billion and the U.S. Treasury does $100 billion in daily trade transactions. The Forex markets does more transactions than the stock exchanges all over the world combined. That’s because the forex market isn’t in a physical location and doesn’t have a central exchange. With forex transactions, traders deal directly with each other through banks or Electronic Brokering Services.
Two more reasons forex markets are so popular and do such a high volume of business is because the market runs 24 hours a day for 51/2 … Read More