its size. The Biggest in the World of Finance. The forex market has unique characteristics and properties that make it an attractive market for investors who want to optimize their profits. As an example, trading in foreign exchange markets averaged.1 trillion per day in April 2016, according to the Bank for International Settlements, which is owned by 60 central banks, and is used to work in monetary and financial responsibility. Foreign exchange markets are made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors.
Because the market is open 24 hours a day, you can trade at any time of day, which means there's nocut off time to be able to participate in the market. . It is considered to be the largest financial market in the world. . Leverage, the leverage given in the forex market is one of the highest forms of leverage that traders and investors can use. Next Up, breaking down 'Foreign Exchange Market the foreign exchange market also called forex, FX, or currency market trades currencies. There are fewer rules, which means investors aren't held to strict standards or regulations as those in other markets. This means that currency traders are provided with high liquidity.