Education

What is Forex?

Forex, also regarded as foreign exchange, FX, and Foreign Currency trading, is a globally competitive market in which all the currencies of the world trade. The forex market is the world’s largest, most liquid market with a everyday common volume of more than $5 trillion in trade. This is no longer even comparable to all the blended stock markets of the world.

What is Forex

How Forex Trading works:

Foreign Exchange trading means purchasing one currency and selling another at the same time. In fx, traders are likely to take advantage of buying and selling currencies in the future by constantly speculating on the way currencies are likely to take in the future.

Major Currencies Pairs:

CountrySymbol
United StatesUSD
EuroEUR
Great Britain GBP
JapanJPY