Forex, or foreign exchange, trading involves the buying and selling of currencies in the global marketplace. In forex trading, currencies are traded in pairs, with one currency being exchanged for another. For example, the EUR/USD pair represents the euro (EUR) against the US dollar (USD).
Forex trading offers opportunities for profit through speculation on currency price movements but also involves significant risks. Traders should conduct thorough research, develop trading plans, and manage risks carefully when participating in the forex market.
What is Forex? – The world’s largest financial market, where currencies are traded 24/5. Learn its basics, strategies, how to start trading and make mone.
Discover Forex trading basics in this beginner guide. Learn about currency pairs, market factors, risk management, and emotional control.