The foreign exchange market – also known as forex or the FX market – is the world’s most traded market, with turnover of $6.6 trillion per day.
Forex is traded 24 hours a day, 5 days a week across by banks, institutions and individual traders worldwide. Unlike other financial markets, there is no centralized marketplace for forex, currencies trade over the counter in whatever market is open at that time.
Foreign exchange market is a global marketplace for exchanging national currencies. Because of the worldwide reach of trade, commerce, and finance, forex markets tend to be the largest and most liquid asset markets in the world. Currencies trade against each other as exchange rate pairs.
Forex EA - Expert Advisors (Forex Robots) for automated trading
A forex trading robot is a algorithmic trading based on a set of forex market signals that helps determine whether to buy or sell a currency pair at a given point in time. These systems are often fully automated.