Forex trading volume? What is this about?

Let’s start with the size of the daily volume which is somewhere between 5 and 8 trillion USD. This includes the size of retail and institutional market. The retail part is, of course , only a small fraction.

The USD is the most traded currency and makes up to least 80-85% of the whole market volume. The biggest benefit of trading currencies is the extreme massive liquidity which covers the largest assets globally.
Image source: daily fx

Did you know that Forex trading hits a new record in the first quarter of 2018?

According to Reuters London, the Forex market volume rose to a record high in the first three months of 2018. Traders of rising markets like the African continent (Nigeria, South Africa, Morocco etc.) and Asia (Malaysia, Philippines, Indonesia etc.) follow the big surge of Forex trading.