The off-exchange currency market, also referred to as the "Forex" or "FX" (which is off-exchange foreign currency futures and options) market is the largest financial market in the world, with a daily average turnover of approximately US $1.5 trillion. Forex trading is the simultaneous buying of one currency and selling of another. The world's currencies are on a floating exchange rate and are always traded in pairs, for example Euro/Dollar or Dollar/Yen.

The Forex market has historically been dominated by banks, including central banks, commercial banks, and investment banks. However, the percentage of other market participants is rapidly growing, and now includes large multinational corporations, global money managers, registered dealers, international money brokers, futures and options traders, and private speculators
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A true 24-hour market, Forex trading begins each day in Sydney , and moves around the globe as the business day begins in each financial center, first to Tokyo , then London , and New York . Unlike any other financial market, investors can respond to currency fluctuations caused by economic, social and political events at the time they occur - day or night. The market closes on Friday afternoon in New York .

The most often traded or "liquid" currencies are those of countries with stable governments, respected central banks, and low inflation. Today, over 85% of all daily transactions involve trading of the major currencies, which include the U.S. Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and the Australian Dollar.

No. BrewerFX requires a minimum deposit of $5,000. BrewerFX allows customers to execute margin trades at up to 100:1 leverage. This means that investors may execute trades up to $100,000 with an initial margin requirement of $1,000. However, it is important to remember that while this type of leverage allows investors to maximize their profit potential, the potential for loss is equally great. A more pragmatic margin trade for someone new to the FX markets would be 5:1 or even 10:1, but this ultimately depends on the investor's appetite for risk.

Essentially, margin is collateral for a position. If the market moves against a customer's position, the customer will be requested to deposit additional funds via a "margin call." If there are insufficient available funds, the customer's open positions will be closed out.

In trading parlance, a long position is one in which a trader buys a currency at one price and aims to sell it later at a higher price. In this scenario, the investor benefits from a rising market. A short position is one in which the trader sells a currency in anticipation that it will depreciate. In this scenario, the investor benefits from a declining market. However, it is important to remember that every FX position requires an investor to go long in one currency and short in the other.

Intraday positions are all positions opened anytime during the 24-hour period AFTER the close of normal trading hours at 4:30 PM EST. Overnight positions are positions that are still open at the end of normal trading hours (4:30 PM EST), which are automatically rolled at competitive rates (based on the currencies' interest rate differentials) to the next day's price.

Volatility is a statistical measure of a market's price movements over time. Volatility is high if prices change dramatically in a short period of time.

Liquidity is a market condition that allows large transactions to be absorbed by the marketplace with little or no effect on price stability. With a daily trading volume that is 50 times larger than the New York Stock Exchange, there are broker/dealers willing to buy or sell currencies in the FX markets, thereby assuring liquidity.