Forex

With a daily turnover in excess of $6 trillion, the foreign exchange (Forex) market stands out as the biggest financial market in the world. Forex has no central location and is conducted by a network of banks and financial institutions located in major global financial centres: New York, London, Tokyo, and Sydney. The different time zones of these centres make Forex a truly 24/5 market, where money literally never sleeps. From Sunday 5 pm EST during the Sydney open, to Friday 4 pm EST during the New York close, traders can buy and sell different currencies non-stop.

Forex trading involves the simultaneous buying and selling of two currencies. For instance, when you buy the EURUSD currency pair, you are buying the euro (EUR) while simultaneously selling the US dollar (USD). At Globalfx500, we have a great selection of major, minor and exotic currencies that you can trade. You will benefit from low trading fees, practical trading resources, and excellent customer support at all times.

Trade Forex
Growth chart

Why Trade Forex with Globalfx500:

  • Competitive leverage

  • Transparent prices

  • Low spreads

  • Advanced trading platform

  • Guaranteed best execution on all orders

  • Top security