FX

FX, also known as foreign exchange or Forex trading, is carried out in a market that is decentralised, global and only open for the trading of international currencies. It is the largest and most liquid market in the world with over $5.3 trillion traded by people, every day. It is also important to know it is considered an Over the Counter (OTC), or “Interbank”, market due to the fact that the entire market is run electronically, within a network of banks.

Trading accounts can be opened with large or small investments and various leverage types meaning a small deposit can control a much larger contract value. Pro MENA Markets will ensure that the most suitable combination is chosen.

Why FX?

• Market is open 24 hours a day, 5 days a week
• Largest and most liquid of all the financial markets
• Profit can be made when prices move up AND down
• Around $5.3 trillion is traded daily on the FX market
• Speculation allows advantage to be taken of exchange rate fluctuations

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