What Is Forex?
Forex (Foreign Exchange) – is an arena where currencies of different countries are exchanged one for another. Forex is also the largest financial market in the world with a daily turnover of one and a half trillion dollars, this amount is more than three times greater than the total turnover of U.S. stock markets and government securities. Unlike other financial markets there is no central exchange for Forex. It operates through an electronic network where banks, corporations and private persons are its nodes. Lack of the central node allows the Forex market to work around the clock, moving primary activity from one region of the financial world to another.
Traditionally banks were the only way for investors to access the currency market where they turn large amounts of currencies for commercial and investment purposes. The turnover increased rapidly especially after ceasing regulations on currency rates in 1971.
TLVD Financial Group serves customers – both speculative and strategic traders – in more than 20 countries. TLVD Financial Group allows taking advantage of currency trading for both professional traders earning on short-term profits, and investment fund managers seeking, for example, to increase the proportion of investment abroad. Importers and exporters, investment managers, multinational corporations, speculators, traders, long-term holders of currency, fixed-term funds – all of them use the services of the Forex market for payments for goods and services, money transfers or insurance from harmful effects of surges of foreign currency. The combination of quotes, charts, news and analysis of financial markets in real time attracts traders who are interested both in fundamental and technical analyses.