Forex (FX) is a global market for trading currencies. FX is an OTC market (Over the Counter) where offer and demand of specific currencies is being matched. This market is not localised and it consists of networks linked to an electronic system of banks that allows it to operate within 24/5. Each day in FX market more than 5 trillion dollars are being traded and that makes it the biggest and most liquid market in the world.
FX offers information, which is available to anybody at all times and that is how there is equality of opportunities in FX. In addition arrival of new technologies and information systems have extended this market to small investors, since spreads have significantly been reduced.