About forex market

The international currency market - Forex, one of the largest financial market in the world, the average daily turnover exceeding $ 3.2 trillion.

Key Players in the Forex market: Central banks, commercial and investment banks, hedge funds, commercial corporations, private investors.

Freely floating currency system began in the early 1970's and was officially ratified in 1978. Trade through the Internet began in 1990.
Hours of Trading Forex: 24 hours a day (trading begins in New Zealand, continuing Australia, Asia, Middle East, Europe and America).


Until recently, conventional traders or private investors do not have access to the market Forex. NorthFinance gives an opportunity to individual traders to make currency transactions tem the same volume and with the same price movements as the big players in the market Forex. The Forex market offers traders a lot more benefits and advantages compared with other markets, including the fantastic liquidity and strong trends in the global exchange rate fluctuations on the basis of substantial borrowing (leverage).

Base currency U.S. Dollar is involved in more than 80% of all foreign exchange transactions, equivalent to US $ 2.7 trillion a day
Designation of major currencies:
-USD = U.S. Dollar
-EUR = Euro
-JPY = Japanese Yen
-GBP = British Pound
-CHF = Swiss franc
-CAD = Canadian Dollar
-AUD = Australian Dollar
-NZD = New Zealand Dollar

Statistics: based on the average statistics, brokerage firms, 90% of individual investors lose money in the forex market, 5% is break even in their trade, and only 5% make money on the Forex market.