AI Hub 24 November 2023 What Is the Amount of Money That Passes Through the Forex Market? The amount of money that passes through the Forex market is truly staggering. The daily turnover of the global foreign exchange market is estimated to be more than $5 trillion, making it by far the largest financial market in the world. To put this into perspective, this amount is more than 10 times larger than the total daily turnover of all stock markets combined. The sheer size and liquidity of the Forex market make it an attractive destination for traders and investors alike. It offers a wide range of trading opportunities with its 24-hour access and high-leverage capabilities, allowing traders to capitalize on short-term price movements or take a longer-term view of currency trends. This means that even relatively small amounts can be used to open large positions to maximize...