What is forex?
Forex is the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world. That’s just the baseline answer. There’s so much more we can tell you about it!
Default Asked on August 26, 2021 in Education & Reference.
Foreign Exchange (forex or FX) is the trading of one currency for another. For example, one can swap the U.S. dollar for the euro. Foreign exchange transactions can take place on the foreign exchange market, also known as the forex market.