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What is Forex (FX)?
Forex (FX) is the market where different national currencies are traded. The foreign exchange market is the largest and most liquid market in the world. Several trillions of dollars change hands every day. There is no central location, but the foreign exchange market is an electronic network of banks, brokers, institutes and retailers (mainly through brokers or banks).

Many companies, from financial institutions to individual investors, have currency requirements and may also speculate on the direction of a particular currency pair movement. They post their orders to buy and sell currencies on the network in order to be able to interact with the exchange orders of the other parties.

The Forex market is open 24 hours a day, 5 days a week, except on public holidays. Currency can always be exchanged on public holidays if at least the national / world market is open to trade.
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