Forex trading, or the foreign exchange market, is the global marketplace for exchanging national currencies. With an average daily trading volume of over $6 trillion, it’s the largest and most liquid market in the world.

How Does It Work?

Forex is traded in currency pairs — for example, EUR/USD or GBP/JPY. When you trade a currency pair, you are buying one currency and selling another simultaneously. The goal is to profit from changes in exchange rates.

Key Features of the Forex Market:

• 24/5 Trading: Open 24 hours a day, five days a week.
• High Liquidity: Easy to buy and sell with minimal price changes.
• Leverage Access: Traders can control larger positions with smaller capital.
• Low Costs: Most brokers offer tight spreads and no commissions.

Why Do People Trade Forex?

• To speculate on price movements and make a profit.
• To hedge against currency risks.
• To support international business operations.
• For portfolio diversification.

Whether you’re a beginner or an advanced trader, forex offers endless opportunities—but it also requires knowledge, discipline, and strong risk management.