Forex, also known as foreign exchange (FX) is the most liquid market in the world with the average of $5 trillion traded per day. Trade popular currency pairs such as USD/EUR or GBP/JPY to understand why Forex is the top day trading instrument in the financial markets.
Considering the high liquidity of the market, large amounts of money can be moved into and out of the currencies market with generally small spreads.
Thanks to the volatility of forex, you can enter the trade in the morning and see results by noon. With adequate research, this could work in your favour.
Liquidity allows traded assets to be converted quickly into cash. In Forex, this means large amounts of money can move in and out of foreign currencies with minimal price movements.
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