BostonForEx.com
Title
Boston Forex.com
Description
Excerpted from the website:
- The Foreign Exchange (FX) Market, also referred to as the Forex or spot currency market, is the largest financial market in the world, with a daily average turnover of approximately 1.7 trillion US$. Until now, large multinational corporations, global money managers, registered dealers, international money brokers, and professional traders from major international investment and commercial banks have dominated the FX market. The FX market is considered to be an Over the Counter (OTC) or “Interbank” market, due to the fact that transactions are conducted between two counterparts over the telephone or via an electronic network. The Forex market is a true 24 hour market. The foreign exchange market opens at 5:00 pm Eastern Standard Time on Sunday evening, and continues around the globe through the major market epicenter’s until closing at 5:00 pm Eastern Standard time on Friday afternoon. Forex trading involves substantial risk of loss and is not suitable for everyone.
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