FOREX (FOReign EXchange market) is the simultaneous buying of one currency and selling of another currency. It is an international foreign exchange market, where money is bought and sold freely. FOREX was launched in the 1970s, when free exchange rates were introduced, and only the participants of the market determine the price of one currency against the other proceeding from supply and demand.

According to various assessments, daily volume in the currency market constitute from 1.2 trillion US dollars a day, to over 3 trillion US dollars a day (it is impossible to determine an absolutely exact number because trading is not centralized on an exchange), making it the largest and most liquid market in the world. Unlike other financial markets, the Forex market has no physical location or central exchange. It is an over-the-counter market where buyers and sellers including banks, corporations, and private investors conduct business. Foreign exchange trading takes place in financial trading centers all over the world, creating one cohesive, international market. The unmatched size, liquidity and around-the-clock global activity make foreign exchange the ideal market for investing.

Foreign-exchange trading volume rings in at 1.2 trillion each day, dwarfing the New York Stock Exchange's average daily trading volume of $50 billion.

The Managed Forex Account Program, offered by Forex Advisors, accommodates those who wish to allocate a portion of their risk capital to the foreign exchange markets but are either unable to watch the markets 24 hours a day or prefer to have their risk capital managed by professionals.

At Forex Advisors, we stand ready to assist you at any time.

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