Foreign exchange, otherwise called Forex, FX or currency trading, is a distributed worldwide marketplace where the main exchanged items are currencies. The forex market is the biggest and most liquid market of the world, with an average daily turnover of over $5 trillion. Traders include governments and central banks, commercial banks, other institutional investors and financial institutions, currency speculators, other commercial corporations, and individuals. The world’s largest financial market – Trading Forex on margin is the world’s largest and most liquid financial market. Market participants include banks, corporations, financial institutions and retail investors.