• Size of the Forex Market:

The Forex market is massive, like the largest football stadium in the world, but instead of people, it’s filled with currencies. Here are some key facts:

  1. Money in Motion: Every day, over 6 trillion dollars in currencies are bought and sold in the Forex market. That’s a tremendous amount of money.
  2. Key Focus: For us, new traders, what matters most is the “spot market.” This is where we buy or sell currencies at the current price. And each day, around 2 trillion dollars move in this “spot market.”
  3. Who Plays: In this game, there are banks, companies, governments, and people like us. Together, they make the market so vast.

  • Liquidity of the Forex Market:

Now, let’s talk about how easy it is to buy and sell in the Forex market:

  1. Always Open: Imagine a store that never closes. That’s the Forex market. It operates 24 hours a day, five days a week. You can make trades practically anytime.
  2. Buy or Sell Easily: Thanks to liquidity, you can buy and sell currencies with ease. Whether you’re a small investor or a large financial institution, the market is accessible to everyone.
  3. Doesn’t Move Prices Much: Despite its size, our trades don’t impact prices significantly. This means we can enter and exit the market without causing issues.