Become a forex trader, and buy and sell in the world's largest financial market!
Here are the key figures*:
Here are the key figures*:
- Over $1.9 trillion dollars a day traded in 2004
- That grew to $3.2 trillion by 2007 – a 70% increase
- Daily volume is now nearly $4.0 trillion – and the market is still growing
- It has 11 times the daily volume of all other global exchanges combined
- Its daily turnover is 40 times the New York Stock Exchange (NYSE)
- $300 are traded every day for every person on the planet
- A week's worth of forex trading is more than the annual United States GDP
Useful information for forex traders has been discussed here. I believe having a good knowledge of market helps in framing a better trading strategy.
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