Forex is the abbreviated name given to Foreign Exchange trading, where one currency is exchanged for another at an agreed exchange price on the over-the-counter (OTC) market.
The Foreign Exchange market (Forex or FX) is the name given to the exchange and trade of foreign currencies for profit. This includes the buying, selling and exchanging of currencies at the current or predetermined prices. It is the most traded market in the world with over $5 trillion being traded everyday in America alone.
The foreign exchange market is the most liquid financial market in the world. Traders include private investors, large institutional investors, central and more traditional banks, currency speculators, corporations and even governments. The Forex market is considered easier to understand and operate within than the stock market.
Would you like to know more about trading foreign currencies (Forex)?
The Wealth Scene is working with a fully regulated global Forex brokerage who are offering the best possible environment for financial trading. This is all backed up by the security afforded by the FCA and FSCS where as with a high street bank your deposits are protected for a minimum of £50,000.
Access to trade Forex and CFDs is made either directly via their platform, Mobile App or by Managed accounts with the very best pricing and execution.
Founded by a team of market veterans & hi-tech professionals, they aim to provide the best prospects of success by offering comprehensive, training and trading services.
They offer the opportunity to trade on a level playing field similar to the investment banks and institutions who do not have to deal with un-regulated companies, wide prices and poor trade execution.
They have created a system that gives the retail investor the same platform, opportunity and chance to trade and potentially make money.
Whether you are an experienced Forex trader or a beginner looking to enter the market, this consultation has something for everyone.