What is Forex?
Foreign Exchange (Forex) is the arena where a nation's currency is exchanged for that of another. The foreign exchange market is the largest financial market in the world, with the equivalent of an estimated $4.3 trillion changing hands daily and growing. Unlike other financial markets, the Forex market has no physical location and no central exchange.
Forex is simply a global network of Central banks, Interbank & Retail brokers, Hedge funds, Corporations, Speculators and Individuals trading one currency for another. Forex market operate on a 24-hour basis, spanning from one zone to another in all the major financial centers, Five days a week.
At MountFx, we help you to open International trading accounts, where you can trade on different pairs of Currencies, Metals and CFDs. We offer a maximum leverage of up to 1:500. You can open an account with as low as $200.
Why Trade Forex?
Here are some of the benefits
- Not Age Dependent
- Not Location Dependent
- Make Your Own Hours
- Low Startup Costs (Computer and Internet)
- Recession Proof / Global Business
- No Employees, Customers, Marketing
- No Licenses/ Insurance Required
- Immediate Access to Your Profits (Liquidate Instantly)