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WHAT IS FOREX?

What is Forex? Forex is foreign exchange which is known

as the currency market.

 

It is currently the largest form of currency in the world and is open to individual investors and institutions.

 

Forex trading is simple and the aim is to buy a currency at one price and sell it at a later stage at a higher rate

in order to make a profit.

 

Other trading prices offer the spread of a forex

pair which generally consists of

prices that are bid upon which are available

to sell at a lower price and ones you can buy at lower prices now and sell for higher prices later.

 

The forex markets are one of the largest in terms of trading daily and therefore offer the most liquidity which makes it easier to enter and exit.

Forex

Exchanged

is know

as the

currency

market.

In the forex market currencies are traded and are important to many people around the world. This is important as currencies are exchanged in the world to conduct foreign and business trades. A unique aspect of international markets is that there is no central marketplace which is available for foreign exchange, but a currency which is trading which is conducted electronically. This means all transactions would occur via networks on computers and traders around the world.