Economists consider that currency markets are regular markets that technology has created and facilitated its spread in recent times, and because the Forex market has been affected by technology, this market has been able to attract large groups of investors during the past years thanks to the spread of technology and means of communication.
Forex Market
With a liquidity of more than 5 trillion US dollars traded in the market
daily, it can be said that the forex market is the most liquid in the world,
and what most distinguishes the forex market is that it does not have a
specific location through which currencies are traded, which makes it one of
the most flexible financial markets, This is because it is available via the
Internet to any investor from all over the world.
The Forex market includes many international financial bodies and
organizations such as central and commercial banks, governments, financial
bodies, international investors, local investors and individual traders.
Forex traders rely on the Internet to follow the price movements of the
currency pairs they own, through specialized financial brokers.
In principle, this means that you can buy almost any currency as you wish,
at any time when the market is open. Market opening hours are the main
determinant of an advantage.
Forex markets operate 24 hours a day, 5 days a week, starting from Monday
morning until Friday evening, in contrast to international public
holidays.
Trading in the market begins in its global nature, first in New Zealand,
then in Australia, Asia and Europe, and finally in the United States of
America, allowing any time of the day or night from Monday to Friday.