Login Register
forex-hero-image

Forex

The foreign exchange (Forex) market is the world’s largest and most liquid financial market, with an average daily trading volume exceeding $7 trillion.

It operates as a global decentralized marketplace where currencies are continuously bought and sold across different time zones.

At Mento Markets, clients can access a wide selection of currency pairs and follow market movements driven by international economic activity, global events, and market sentiment.

Forex trading gives traders access to major, minor, and international currency markets through an intuitive platform suitable for both beginners and experienced traders.

With fast market access and a seamless trading experience, Forex remains one of the most popular markets for traders worldwide.

How Forex Trading Works

  • Currencies are always traded in pairs (e.g., EUR/USD). The first currency is the ‘base’ and the second is the ‘quote’ currency.
  • A trader profits when the base currency strengthens against the quote currency (or vice versa, depending on their position).
  • A pip is the smallest unit of price movement used to measure changes in a currency pair’s value.

Why Trade This Market?

market-icon
Global market access
market-icon
Wide range of currency pairs
market-icon
Trade Around the Clock
market-icon
Professional trading environment

Frequently Asked Questions

What is Forex trading?

Forex trading involves buying one currency while simultaneously selling another. Traders aim to profit from changes in exchange rates between currency pairs such as EUR/USD or GBP/JPY.

When can I trade Forex?

The Forex market is open 24 hours a day, five days a week. It opens on Monday morning (Sydney time) and closes Friday evening (New York time), giving traders flexibility around the clock.

What currency pairs are available?

Mento Markets offers a wide range of currency pairs including major pairs (EUR/USD, GBP/USD), minor pairs (EUR/GBP, AUD/JPY).