Unlike other financial markets Forex has no physical location, like stock exchanges, for example. It operates through the electronic network of banks, computer terminals or via telephone. The lack of a physical exchange enables Forex to operate on a 24-hour basis, spanning from one time zone to another across the major financial centers (Sydney, Tokyo, Hong Kong, Frankfurt, London, New York etc).
In every financial centre there are many dealers, who buy and sell currencies 24 hours a day during the whole business week. Trading begins in the Far East, New Zealand (Wellington), then Sydney, Tokyo, Hong Kong, Singapore, Moscow, Frankfurt-on-Maine, London and ends in New York and Los Angeles. Below there are approximate trading hours for regional markets (London time):
Forex has some advantages which make it very popular among investors:
Alpari (US) offers Internet trading on Forex via the MetaTrader 4 dealing software. We recommend that you read MT4 Trading Manual carefully and open a Free Demo Account before you start trading with us on a Live Account.
Risk Warning: Under margin trading conditions even small market movements may have a great impact on the customer's trading account. You must consider that if the market moves against you, you may sustain a total loss greater than the funds deposited. You are responsible for all the risks, financial resources you use and for the chosen trading strategy. Read more.