Interbank Trading
The Forex market operates 24 hours per day 5 days per week. It has the largest volume of trading activity in the world, with over $3 trillion worth of trades taking place every day on average. The liquidity of this market, and the ease with which new traders can open accounts is attracting more and more novices.
It’s Easy to Open a Forex Trading Account
Many traders, otherwise less-politely known as speculators, are opening foreign currency trading accounts at brokers such as FXCM, Deutsche Bank, and Interbank with very small amounts of capital. Some of these accounts can be opened with as little as $25, and brokers regularly offer demo accounts with $50,000 in “play money” that can be traded live as if it were real money. Traders then have the opportunity to learn the system, and develop trading plans.
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