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The foreign exchange (forex or FX) market exists wherever one currency is traded for another. It is the largest and most liquid financial market in the world, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. The average daily trade in the global forex and related markets is continously growing and was last reported to be over US$ 4 trillion in April 2007 by the Bank for International Settlement; it is more than three times the aggregate amount of the US equity and treasury markets combined.
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Exto Capital offers the lowest spreads on all currency pairs as well as spot gold and spot silver.
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Forex trading is open 24 hours a day from Sunday night 23:00 GMT till Friday night 22:00 GMT.