MB Trading

Open a Forex Account

Forex Demo

	ABOUT FOREX
	Forex Basics
	Forex Features
	Spreads / Pairs
	Margin Req.
	Glossary

	Forex Risks Fast Marke
	Security Info
	Tax Tips

Forex Basics

Off-exchange foreign currency trading is the simultaneous buying of one currency and selling of another. The foreign exchange market (FOREX) is the largest financial market in the world, with a volume of over $1.5 trillion daily; more than three times the aggregate amount of the US Equity and Treasury markets combined. Unlike other financial markets, the Forex market has no physical location, no central exchange. It operates through an electronic network of banks, corporations and individuals trading one currency for another. The lack of a physical exchange enables the Forex market to operate on a 24-hour basis, spanning from one zone to another across the major financial centers.

Traditionally, investors' only means of gaining access to the foreign exchange market was through banks that transacted large amounts of currencies for commercial and investment purposes. Trading volume has increased rapidly over time, especially after exchange rates were allowed to float freely in 1971.

Forex Session Times (all times EST)
Main session:		Opens: Sun. at 5:00 p.m. Closes: Fri. at 4:58 p.m.
Trading suspended:		Mon. - Thurs. 4:58 p.m. - 5:06 p.m. Sun. - Thurs. 11:58 p.m. - 12:06 a.m.
Help desk:		Sun. 4:30 p.m. - Fri. 6:00 p.m.

Securities products are offered through MB Trading, member FINRA, SIPC. MB Trading Futures, Inc. (MBTF) is CFTC registered FCMs and member of NFA. MBTF offers execution and settlement services for futures based products, as well as offer off-exchange foreign currency (forex) products through MB Trading. Trading in futures, options and forex is speculative in nature and not appropriate for all investors. Investors should only use risk capital when trading futures, options and forex because there is always the risk of substantial loss. Account access, trade executions and system response may be adversely affected by market conditions, quote delays, system performance and other factors. Š2007, All Rights Reserved