What Is Forex Trading

www.investopedia.com › articles › forex - Mar 16, 2020 · The foreign exchange (also known as FX or forex) market is a global marketplace for exchanging national currencies against one another. Because of the worldwide reach of trade, commerce, and...

www.thebalance.com › what-is-forex-trading-3306253 - Jun 17, 2020 · Foreign exchange trading (forex trading) is an international market for buying and selling currencies. At $6.6 trillion, it is 25 times larger than all the world's stock markets. Forex trading dictates the exchange rates for all flexible-rate currencies.

www.forex.com › trading-concepts › what-is-forex - Trading forex involves the buying of one currency and simultaneous selling of another. In forex, traders attempt to profit by buying and selling currencies by actively speculating on the direction currencies are likely to take in the future.

www.thebalance.com › what-is-forex-trading-1031015 - Jul 21, 2020 · " Forex " stands for foreign exchange and refers to the buying or selling of one currency in exchange for another.

www.investopedia.com › terms › f - Aug 16, 2019 · The forex market is the largest, most liquid market in the world, with trillions of dollars changing hands every day. There is no centralized location, rather the forex market is an electronic...

smartasset.com › investing › what-is-forex-trading - Aug 02, 2019 · FOREX trading is basically betting on the small changes in the value of a foreign currency relative to the dollar or another currency. A FOREX trade by its nature creates one loser and one winner (this is known as a zero-sum game).

moneycheck.com › what-is-forex-trading-guide - Jan 03, 2019 · Commonly referred to as foreign exchange, Forex is the art of buying or selling one currency in exchange for another. The exchange process, which goes around the world, is what results in the biggest market in the world. The total amount of money traded in the currency market, is more than the entire GDP of some economic powerhouses in the world.