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At the same time, it can be a relatively safe market for the individual investor. International banks are continuously providing bid and ask offers and the high number of transactions each day means there is always a buyer or a seller for any currency. In comparison, the United States Treasury Bond market averages $300 billion a day and American stock markets exchange about $100 billion a day. The market opens Monday morning Australian time and closes Friday afternoon New York time. · Accessibility - The market is open 24 hours a day, 5 days a week. No one knows what will happen around the globe. If you're not sure just what the "FOREX" is, don't worry, you're not alone.. Previously, there were high minimum transaction sizes and traders were required to meet strict financial requirements. The FOREX grew steadily throughout the 1970's, but with the technological advances of the 80's FOREX grew from trading levels of $70 billion a day to the current level of $1. There is always a bank open somewhere in the world. The Foreign Exchange Market - better known as FOREX - is a world wide market for buying and selling currencies.5 trillion (US dollars). Most everyone has certainly heard of buying and selling stocks and bonds, FOREX still remains a mystery for many. Even though there are many huge players in FOREX, it is accessible to small investor's as well. The potential for profit exists because there is always movement between currencies. Businesses use the market to buy and sell products in other countries, but most of the activity on the FOREX is from currency traders who use it to generate profits from small movements in the market. There are safeguards built in to protect both the broker and the investor and a number of software tools exist to minimize loss. Every transaction involves selling one currency and buying another, so if an investor believes the euro will gain against the dollar, he will sell dollars and buy euros. · Liquidity - Because of the size of the Foreign Exchange Market, investments
