The most popular and most lucrative financial market in the world, Forex stands for foreign exchange. But what is Forex? The global foreign currency exchange market allows banks, governments, businesses, and individuals to speculate on the rates of exchange for currencies around the world.
The top currency trading pairs in the world are:. Of course, there are risks associated with Forex. Instead it operates as a market between banks and is run electronically on a network of financial institutions all over the world. The stock market may have regular hours for trading, but Forex trading happens around the clock, 24 hours a day with major financial centers in all time zones. Furthermore, while the stock market may have very long bull or bear cycles, Forex moves and changes by the minute.
No matter what the stock market is doing, you can make money with Forex. Forex is also unregulated, and so insider trading is not a problem.
This opens currency trading up to a whole range of strategies. With MTFX you get cutting edge technology to keep you up to date on the latest movements in the markets in which you trade. You also get expert advice and insights from a knowledgeable team of account management professionals. Launched in Canada in and now branching out into the United States, MTFX is one of the most trusted and largest Forex and international payment processing providers on the market today.
All conversions are based on the interbank rates provided and regularly updated by MTFX without any allowance for spreads or handling charges which will apply. The results should therefore only be used as a guide. The table is automatically refreshed every five minutes. For a live quote or to find out more about how MTFX can help you, call our trading floor: Canadian Toll Free Number: Contributors submitted forecast, commentaries, analysis, articles are based upon information gathered from various sources believed to be reliable, complete, and accurate.
However, no guarantee can be made as to the validity of the believed sources. All statements and expressions in the website are opinions, and not meant as investment advice or solicitation.
Currency Markets can be volatile and opinions may change without notice. What is Forex Trading? The top currency trading pairs in the world are: Email click here to send it from your default email program e. I would like to receive SMS Alerts: Yes, I agree to give MTFX authorization to contact me about the information on this page and other products, services, and promotions.
No, I only wish to be contacted about the information on this page. Indicative Rates All conversions are based on the interbank rates provided and regularly updated by MTFX without any allowance for spreads or handling charges which will apply.More...