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WHAT IS FOREX?

WHAT IS FOREX?

The Forex market is the largest and most liquid market in the world. Forex is called as foreign exchange.The Forex market is also open 24 hours a day, 5 days per week. As long as there is a bank open in the world and currency prices are being quoted, you can trade them.
If you have ever traveled to another country, you may have already participated in a foreign currency trade.Currency prices are always changing and depending on what the rate is at the times of each exchange, you can receive a better or worse price for the currency.

Forex trading is simply the buying and selling of foreign currencies to try to make a profit

from the changes in their exchange rates. Over 6.6 Trillion a day according to Bank for International settlements.
Forex trading provides you with opportunities to potentially make a profit from rising or falling prices. Forex trading is always done in pairs; one currency is sold to buy the other