Forex Trading, foreign exchange or FX trading, is simply the conversion of one currency into another. As one of the most actively traded markets in the world, with individuals, companies and banks executing trillions of dollars’ worth of transactions every single day, it’s a market where experienced individuals come to test their skills, knowledge and tenacity.

Forex, short for foreign exchange, refers to the global marketplace where currencies are traded. It is the largest and most liquid financial market in the world, with a daily trading volume exceeding $6 trillion. Forex trading involves the simultaneous buying of one currency and selling of another, with the aim of making a profit from fluctuations in exchange rates

Traders participate in the forex market for various reasons, including speculation on currency price movements, hedging against currency risk, and facilitating international trade and investment. The forex market operates 24 hours a day, five days a week, allowing for continuous trading opportunities across different time zones.