Trading Made Simple
Experts in Forex
Trading Made Simple
Experts in Forex
Experts in Forex
Experts in Forex
The foreign exchange market, also called "Forex" or "FX," is the largest financial market in the world. Forex is a decentralized, global market where one currency is changed into another currency for a variety of reasons (trading, tourism, commerce, etc.). Exchange rates for these currencies change by the second. Foreign exchange traders buy or sell these currencies at specific times to take advantage of these exchange rate fluctuations for a profit. Forex has many advantages for traders when compared to trading stocks.
All of the stock markets in the world (NYSE, TYO, SSE, etc.) trade roughly $200 billion per day combined. The Forex market towers over this number with a daily trading volume of around $6 trillion. These remarkable numbers result in a highly liquid trading market. This provides several advantages for traders to enter and exit the market instantaneously with very low costs.
The Forex market is open 24 hours a day for 5 days a week excluding weekends. The trading week starts when people wake up on Monday morning in Australia/New Zealand, then moves to China, Japan, Russia, Europe, London, and eventually New York. If you live in the US, this means your trading week starts on Sunday at 5pm CST and doesn't end until Friday at 4pm CST.
Foxx Forex was founded by Forex Trader, TJ Foxx. Through years of experience, TJ developed an innovative trading system focused on efficiency and profitability. He collaborated with experts at Prop Firms and Hedge Funds to perfect his strategies which have proven to outperform industry standards. TJ realized how beneficial his knowledge in Forex could be for others, leading to the formation of Foxx Forex.
Our team is here to help you discover how you can make money in the Foreign Exchange market.
Trading foreign exchange on margin involves high risk and may not be suitable for all investors. High leverage can work for you as well as against you. Before deciding to trade the foreign exchange market you should take special consideration of your objectives, experience, and risk appetite. As with all investing, there is a possibility that you could sustain a loss of some or all of your investments. Therefore, you should not trade with money that you cannot afford to lose. You should be aware of these risks and seek advice from an independent financial advisor if you have any doubts. All analyses, opinions, news, research, or other information contained within any of Foxx Forex media, is provided as general commentary and does not constitute investment advice. Foxx Forex, or any of its constituents, will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
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