![]() In equities and stocks, there are thousands of possible choices to choose from but in foreign currency trading there are only a few currency pairs to choose which makes Forex trading less complicated than other ways of online trading.ĭaily turnover in the world's currencies comes from two sources:įoreign trade (5%). The majority of the trading volume in Forex market takes place due to transactions of pairs belonging to these major currencies. Though there are many currencies in the world there are eight major currencies USD, EUR, GBP, JPY, CHF, CAD, AUD and NZD. Since it is the biggest market with high amount of transactions, it provides high liquidity to the traders in it. ![]() It is the largest financial market in the world with more than 4 trillion dollars traded each day across the world.
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