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What is Forex trading?
Simply defined, foreign exchange (Forex) trading is exchanging one country’s currency for another’s. It comprises four variables: currencies, exchange rates, time and interest rate. The way these components interrelate provides small investors with a return on their investment that they don’t generally find in the more traditional trading venues.

So, why trade Forex? What makes the Forex market so hot these days?
The Foreign Currency Market (otherwise known as Forex) is the largest financial market in the world!

Forex is not affected by any one bear market. Forex traders buy and sell foreign currency pairs from around the world, simultaneously buying one and selling the other. One currency is always in the up swing while the other is on the down swing. Choosing the right side at the right time means profit.

Forex never sleeps. It’s a 24-hour market.
The four most frequently traded pairs (the U.S. dollar, the yen, the Euro and the British pound) are never without buyers and sellers.
Superior liquidity helps ensure that you can execute trades at a fair price.
50:1 leverage (compared to 2:1 with equities and 15:1 with futures), coupled with the small price movement typical of the currency market and appropriate risk management, can double your initial investment.
Lower transaction fees contribute to better profits.

Interested in trading Forex? Then, heres what eSignal offers you!

Forex data from GTIS (best bid / ask by contributor) -- from a sister company to eSignal -- the primary supplier, for more than 20 years, of foreign exchange information used by traders, corporations and financial institutions
  Spot rates for more than 100 currencies, as well as precious metals
  Cross rates
  Forward rates
  Nearly 200 global bank and broker contributions (Asia / Pacific Rim, Russia, Europe and North America) (Check out the complete listing.)
  Forex Market Depth with the ability to view the best bid / ask by Forex contributor
Additional contributors: HotSpot FX Institutional and Retail, one of the largest inter-dealer brokers in the world
Streaming, real-time quotes, charts and news for the information you need to trade Forex successfully

If you’d like to see some eSignal layouts that feature Forex, click here.

For FAQs on Forex, click here.

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