Forex is the largest marketplace for trading currencies around the world. It’s also the most liquid, meaning there is lots of buying and selling activity happening much of the time. Because it’s so liquid, you can buy and sell easily and instantaneously!
Some traders are drawn to forex because the market is open 24 hours a day, five days a week, giving them plenty of time to tap into trading opportunities. What’s more, you’ll usually find transaction costs in forex to be relatively low – another reason why forex attracts so many traders!