What is Forex Trading?

[hamidd2007]

The foreign exchange market is one of the largest financial markets in the world with a volume of more than $ 4 trillion a day.

It is the trading of one currency against another, often for profit.

 

[freeman777]

The foreign exchange market, or more commonly known as forex or FX, is famous for being one of the most exciting markets that exists to this day and age.

It boasts a fast-paced market that sees trades being completed left and right without the hassle of needing to meet each other in person. The forex market is the “place” where currencies are being traded.