What is Forex?

By No Comments

Forex is an acronym for Foreign Exchange. The Foreign Exchange Market, which is also referred to as the Forex Market or Currency Market is one of the largest markets on a global scale and is where one currency is traded for another .

 

In the Forex Market, one currency is traded for another via the simultaneous purchase and sale of one currency for another .

 

The Forex Market consists of a variety of participants – from multinational corporations who need to pay wages and other expenses in a particular country of operation – through to individual traders who speculate on exchange rate movements to make a profit.

 

The Forex Market operates 24 hours a day as it spans the globe and encompasses all the different time and business regions, which means trading opportunities are always available.

 

Are you ready to step into the world of unlimited money making potential? Learn how today!

You may also like to read:

Please Leave a Comment

Your email address will not be published. Required fields are marked *