Forex (Forein Exchange)
is the largest financial market in the world. Daily turnover reach even 2 trillion dollars. Forex is very untypical market, beacause of few special futures. All transactions can be made 24h/ day. The biggest advantage of Forex is very high fluency of this market. It means that, we can buy or sell unlimited amount of currency whenever we want. The main part of forex turnover is generated by banks. But there are also other financial institutions and even private people. Forex is Over The Counter market (OTC). It means that transactions are realized by both sides via phone and/or electronic systems. Forex is decentralized market without indinidual created to inspect Forex. Next unique feature of Forex are strong trends and lack of bull market and boom.
