General Information

Currency market is one of the oldest and largest financial market in the modern world and is the trading of funds, either around the world or through the banks. Maturity of the currency market dealings, and flourished in 1971 with the emergence of fur in the price of khat exchange rates between the currencies of various countries, since then the foreign exchange market witnessed a terrible leaps in volume terms and the laws of daily trading volume in the largest financial market of $ 5 billion per day in 1977 to about 1.5 trillion dollars now estimated by the magazine Euro money Euro Muni in 2001. To estimate the size of these figures are good, the simple comparison with all the world's stock markets we find that the volume of trading in the global market is 21 trillion dollars per year or $ 16 day trading only in the currency market has them.

The currency market is a market for a continuous period of 24 hours where the market never closes, but for a quarter of an hour, beginning with the start of trading trades Australia, Japan and Hong Kong and Singapore market after the Middle East and Dubai before its start and then the European market, which closed the U.S. market by 15 minutes of the start of trading in the Australian market. This diversity gives the market a large amount of cash, making the sale and purchase a variety of fast, which makes trading in foreign currencies, enjoyable process.

Timing trading

Begin trading on the Australian banks at approximately 23:00 GMT and close at 5:30, followed by Japanese banks at 00:00 or 12 pm before they close at 6:30 and then the market of Hong Kong and Singapore at 1:00 and close 9:00 pm, and then the financial position of the Middle East in Dubai at 4:00 GMT and closes at 12:00 and then start the European banks the financial status of the Frankfurt and Zurich at 6:30 before the end of discussions at 16:00 Head Office and then in London at 7:00 and closes at 16:30, while American banks start trading at 13:20 noon GMT and close at 19:00 in Chicago, and 20:00 pm in New York.

Types of currency trade

There are two types of trade in currencies, and it is like any other investment instruments of the shares and

* Bonds are divided into:
1. Spot market
2. Futures market


WARNING!!

The most important factors that must be kept in mind before starting your investment is that the process of trading in currencies primarily circumstantial in the first and last and may involve movements and violent fluctuations in some cases, which may make investors vulnerable to the loss of part or all of the amounts invested
Therefore advised not to invest any amount the investor can not afford to lose.