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The Foreign Exchange (Forex or FX) market exists wherever one currency is traded for another. It is by far the largest 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 currently is over US$ 3 trillion.
The Forex market, where brokerage firms (ex. Marketiva) and banks are connected over an electronic network that allows them to convert the currencies of most countries.A major feature of the Forex market is that it operates 24 hours a day, corresponding to the opening and closing of financial centers in countries all across the world. At any time, in any location, there are buyers and sellers, making the Forex market the most liquid market in the world.
Traditionally, access to the Foreign exchange market has been made available only to banks and other large financial institutions. However, with advances in technology over the years along with the industry's high leverage options, the Forex market is now available to money managers and individual Forex traders.
With some initial capital (Marketiva, and the 5$ gift), and a computer with an internet connection you can become a participant in this global and liquid financial market. When trading currencies, trade only when you expect the currency you are buying to increase in value relative to the currency you are selling. If the currency you are buying does increase in value, you must sell back the other currency in order to lock in a profit. An open trade (also called an open position) is a trade in which a trader has bought or sold a particular currency pair and has not yet sold or bought back the equivalent amount to close the position.
Forex (and Marketiva) is open 24 hours a day, and the currency exchange operations are maintained throught working days of the week. Almost every time zone (London, New York, Tokyo, Hong Kong, Sydney) has dealers willing to quote currencies.
In the following page I want to present detailed the brokerage firm Marketiva. Marketiva is a financial services corporation specialized in providing traders with high quality online trading services. It is extraordinary for beginners, because you can trade all of the fundamental currency pairs, his platforms user interface is very user-friendly, and you can start trading with 5$ ( don’t forget, owing the leverage you trade with 500$ ) live funds, without any investment in Forex.