Forex videos from TradingFloor.com
The Forex market
is the world’s largest financial market, with volumes estimated at nearly $4 trillion every day – that’s more than the Stock and Futures markets combined. With currency markets operating 24 hours a day, constantly driven by news, economic and political factors, Forex trading presents unrivalled opportunities for traders and investors.
If you’ve ever exchanged money while traveling to another country, you have made a Forex trade – for instance, you sold your US dollars to buy Euros. Online Forex trading works the same way: currencies are always traded one against another, with one currency bought (long) and the other simultaneously sold (short). The most popular currency pairs, called the Majors, are combinations of the US dollar with the euro, Japanese yen, pound sterling, Australian dollar, Canadian dollar and the Swiss franc.
Saxo Bank is one of the leading providers of online Forex trading, offering an impressive range of over 160 FX crosses to trade, plus superior liquidity and competitive pricing. A pioneer of online FX trading, Saxo Bank serves thousands of retail clients, as well as numerous financial institutions worldwide. In addition to spot Forex trading, Saxo Bank also offers spot Gold and Silver, 40+ Forex Options and Forex Forward Outrights.
Saxo Bank’s trading platforms have consistently won the industry’s most prestigious awards and with versions for desktop, web and mobile phones, traders can easily access the Forex market anytime and anywhere. If you would like to test the platforms and practice Forex trading, just register for a free Saxo Bank practice account, complete with live FX prices and streaming news.
Educating yourself is an important step to becoming a successful Forex trader and you’ll find a wealth of Forex information here in our Forex videos and on Trading Floor.com, the home of Saxo Bank’s Forex commentary, research and analysis.