Forex, the biggest and most competitive market in the world, is also known as the foreign exchange market (or FX). The growth of the internet contributed to its retail portion. This allowed retail customers to trade Forex online via different trading platforms. In the late 1990s, Forex opened its doors to retail customers. The first online retail brokers began their business at this time. The Forex market is the world's largest and incredible market with people trading from across all areas of society at any moment. Therefore, whether you're new or curious about currency trading, it's worthwhile to note some of the major advantages of FX. 7 Reasons to Forex Market Trading: 1. FX is an extremely competitive market trading 24 hours a day: Due to the enormous depth of this market, there is virtually no risk of dropping prices. Interestingly, the demand in Forex is nearly 200 times the size of the NYSE. At any time throughout the day, you can trade currencies from your conven