Forex trading, also known as foreign exchange trading or currency trading is the process of buying and selling currencies with the aim of making profit from fluctuations in their exchange rates. It is a decentralized global market where currencies are traded 24 hours a day, five days a week.
Forex Market Size & Liquidity
Forex market is the largest Global financial market in the world with daily turnover of about $7 trillion. The first currency in a Forex pair is called the "Base" currency while the other currency is called the "Counter" currency. The Forex market is open 24 hours a day, five days a week and traded online with price quote changing constantly, this is due to various factors such as interest rate, market factors and geopolitical happenings that affect supply and demand of currencies.
Market Opportunity
Forex market as the largest and most traded financial market in the world offers ample opportunities for those who want to experience the highest volume and liquidity to maximize the opportunity in the Forex world. At Revglobal Forex Institute we offer PRACTICAL TRADING SKILL SET that helps aspiring traders to navigate the Forex market successfully. Join our intensive training to become a FOREXPRENEUR and work from home or anywhere in the world.
Average Forex Trader Salary
Who is a Forex Trader? A forex trader is someone who buys and sells currencies in the Global financial market to earn daily income or works as a professional trader for Financial and Investment firms. The Annual Average Salary of a Level III trader in the United States is around $189,489.