Forex and FX is short for FOReign EXchange. Basically, the Forex market is the “place” where
governments, banks, businessman, investors and independent traders come to
exchange and speculation based on the interest rate differential between two
currencies. The Forex market is the largest and most liquid financial market in
all over the world with an estimated $4.9 trillion traded on the market daily.
The business of Forex Trading is the prediction of when to
buy or when to sell different types of currency, with the expectation that the
purchased currency will increase in value and earn you a profit when you sell
it.
Forex Trading is available to anyone who wishes to invest
money in it with almost non-existent startup capital needed and the ability to
trade five day a week (except weekends), 24 hours a day when you feel from the
comfort of your own home.
