What is Forex?
Hi!
Can someone explain to me what forex is and how it works? How do I start learning and how much more or less do I need to start investing? Thanks! What is forex?
Hi!
Can someone explain to me what forex is and how it works? How do I start learning and how much more or less do I need to start investing? Thanks! What is forex?
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4 answers

Forex (FX) is a market where various national currencies are traded. The Forex market is the largest, most liquid market in the world, with trillions of dollars flowing through it every day. This market does not have a centralized location. Forex is more of an electronic network of banks, brokers, institutions and individual traders (mostly trading through brokers or banks).
Thanks to forex, many entities, from financial institutions to individual investors, can speculate on the decreases or increases of a given currency pair. They place orders to buy and sell currencies, so they can interact with other foreign currency orders from other entities.
The Forex market is open 24 hours a day, five days a week, except holidays. Trading may take place during the holiday season if the domestic/global market is open.
Forex (FX) is a market where various national currencies are traded. The Forex market is the largest, most liquid market in the world, with trillions of dollars flowing through it every day. This market does not have a centralized location. Forex is more of an electronic network of banks, brokers, institutions and individual traders (mostly trading through brokers or banks).
Thanks to forex, many entities, from financial institutions to individual investors, can speculate on the decreases or increases of a given currency pair. They place orders to buy and sell currencies, so they can interact with other foreign currency orders from other entities.
The Forex market is open 24 hours a day, five days a week, except holidays. Trading may take place during the holiday season if the domestic/global market is open.
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