| Foreign currency trading is now the largest over the counter market in the world. By April 2010 average daily turnover in global forex markets was estimated at $3.98 trillion, slightly higher than the annual GDP of Germany! Why is it so popular? The sheer size of the FX market makes it the most liquid in the world and is often referred to as the market that most reflects perfect competition, notwithstanding occasional market manipulation by central banks. Unlike other markets such as equities and commodities, forex trading is available 24hrs a day, five days a week with spreads as low as 2 PIPS There is also a more diverse selection of execution platforms than other markets which makes it more accessible for retail traders. Our platform of choice is MT4 which is reliable and has one of the easiest to use interfaces. |