Metatrader 4 and FOREIGN EXCHANGE MARKET
The foreign exchange (currency, forex or FX) market is where currency trading takes place. Forex trading transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The FX market is one of the largest and most liquid financial markets in the world, and includes trading between large banks, central banks, currency speculators, corporations, governments , a n d o t h e r i n s t i t u t i o n s . The average daily volume in the global foreign exchange and related markets is continuously growing. Traditional turnover was reported to be over US$ 3.2 trillion in April 2007 by the Bank for International Settlement. Since then, the market has continued to grow. According to Euromoney’s annual FX Poll, volumes grew a further 41% between 2007 and 2008. MetaTrader 4 (MT4) is the most complete and most popular trading platform developed by a MetaQuotes software company for online trading on the Foreign Exchange Market. You can find a list of brokers on the last page of this User Guide or independently in internet. |
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