The foreign exchange market is a financial market in which the world’s currencies are exchanged in orderWhat is a trade order? In trading, an order can be defined... More to facilitate the exchange of goods and trade between countries. The foreign exchange marketWhat are value stocks? A value company is a company that app... More is commonly referred to as the forex market or the FX market.
New to forex? Watch our or directly start with our .
Forex — who, where and when?
It is a decentralised market that trades for 24 hours a day, 5 days a week. Traders are banks, financial institutions, governments and , companies, individual investors and retail traders.
The major financial trading centres around the world are London, New York, Tokyo, Zürich, Frankfurt, Hong Kong, Singapore, Paris and Sydney.
The Sydney open coincides with the New York close and is often thought of as being the forex trading start of the day for recording data.
Thus, trading begins at 20:15 GMT on a Sunday and closes at 22:00 GMT on a Friday. The table below shows the trading sessions of each market and when they overlap.
At tradimo, you can learn a lotIn forex trading, a lot is the standard unit to measure the... More about the forex market and about how to become a forex traderWhat is a trader? A trader is a person who buys and sells... More yourself.
If you are new to forex, we recommend that you start with our . For advanced traders, we have various learning modules and lessons about both and .
