. There are about 180 currencies in the world.
. There are about 180 currencies in the world.
. London is the largest hub in the world for foreign exchange currency trading.
. London is the largest hub in the world for foreign exchange currency trading.
. Female traders account for only 11% of the total FX trading activity.
. Female traders account for only 11% of the total FX trading activity.
. There are around 14.5 million forex traders in the world.
. There are around 14.5 million forex traders in the world.
. The forex market has an average daily trading volume of over $6.6 trillion.
. The forex market has an average daily trading volume of over $6.6 trillion.
. The forex market is open 24 hours during the week, from 5 p.m. EST on Sunday to 4 p.m. EST on Friday.
. The forex market is open 24 hours during the week, from 5 p.m. EST on Sunday to 4 p.m. EST on Friday.
The U.S. dollar is on one side of approximately 88% of all forex transactions.
The U.S. dollar is on one side of approximately 88% of all forex transactions.
The most traded currencies after the U.S. dollar are the Euro, Japanese yen, and pound sterling.
The most traded currencies after the U.S. dollar are the Euro, Japanese yen, and pound sterling.
. The forex market is much larger than all the biggest stock markets in the world combined.
. The forex market is much larger than all the biggest stock markets in the world combined.
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Forex trading takes patience and consistency, and traders cannot get rich quickly.
Forex trading takes patience and consistency, and traders cannot get rich quickly.
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