Get today’s forex trading news, as well as insights and analysis from the DailyFX team. We provide up-to-date forex market news from around the world to help you react to changes in price. The table below shows the market share of the top 10 players in the global Forex market with only around 20% of the market left for other participants. The GBP/USD currency pair is known as the ‘cable’. FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Traders always look for volatile markets and volatile instruments, this is why volatility is one of the main benefits of the Forex market. While volatility is quite important and truly tells us why Forex is the best market to trade, we should never disregard accessibility. About Market. This page is powered by Forex Factory's Market Data Application, a sophisticated infrastructure built from the ground up to aggregate data from multiple brokers in real-time. Forex: the Facts and the Figures Even an experienced trader can be overwhelmed by the figures and numbers that relate to the forex currency market. Because the market is affected by various economic and political factors, forex facts and figures are constantly changing. The forex ( ) currency market is the biggest financial market in the entire world. The monetary transaction traded daily amounts to over $3.2 trillion. Of this figure, over $360 billion come from forward transactions, $1.7 trillion in FX swaps and $129 billion in gaps. In addition, $1 trillion comes from transactions in spot trading. Of this figure, over $427 billion emanate from dealer transactions, $394 billion from financial and monetary institutions and $184 billion from non financial clients. Forex Market HoursForex figures indicate that almost 30% use the EUR/USD currency pair in spot trading. The abovementioned forex figures are 35 times larger than that of the NSYE or any other stock market. It is also four times larger than the world GDP. Over 50% of forex transactions are conducted in the UK (34.1%) and the United States (16.6%). The rest of the market share is divided between Switzerland (6.1%), Japan (6.0%), Singapore (6.0%), Hong Kong (4.1%), Australia (4.2%), France (3.0%), Germany (2.5%) and Denmark (2.2%). Trading In Forex MarketThe other locations make up the other 15.0%. When it comes to the currencies, the forex facts and figures are as follows: the U.S. Trading binary options strategies and tactics. Dollar is the most widely traded. At over $2.3 trillion daily, that is more than 80% of the total volume.
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