What is FX trading?

FX (also known as foreign exchange, forex, or foreign currency) trading consists of trading one type of currency for another.But it is more than just this. It is a market like no other with trading volumes that exceed USD$3.5 trillion on a daily basis! it is easily the world's largest financial market. Currency trading volume vastly exceeds the turnover volume on major exchanges such as the NYSE and NASDAQ! FX trading operates "over the counter" on a 24 hour 5.5 days a week through a global network of market participants that includes banks, commercial companies and brokers. The immense size and liquidity of the markets drive down the cost of trading, a compelling advantage to you, the individual trader.Today, individuals like you, have ready access to live streaming currency prices, highly competitive spreads, news and automated trading programs all at the click of a button. Trading FX is an exciting challenge for the individual trader - but what to buy or sell and when?. Each day is different and only an informed trader can make trades. ProFXAnalytics is here to provide you with our insight and trading strategies that we have developed based on our in depth knowledge of the FX markets........