What is forex?

Answer 1

What is Forex ? FOREX is an abbreviation of Foreign Exchange often it is called as FX. Also the Term Forex used to describe Currency trading on foreign exchange market which is known as Forex trading or FX trading. Take note, that Forex Market is the largest financial market in the planet with an average daily traded volume of about 5.1 Trillion US Dollar as of 2016 while the world's largest Stock Market, the New York Stock Exchange, trades a volume of about $22.5 billion US Dollar each day.

Answer 2

Forex is the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world. That's just the baseline answer. There’s so much more we can tell you about it!

Answer 3

The Foreign Exchange Market.

FOREX is where foreign currency trading takes place.

FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The FX market is one of the largest and most liquid financial markets in the world.

Answer 4

What is Forex? Forex is the most realized fluid commercial center where endless dollars trading regularly. Besides, different national monetary forms are exchanged at this spot. Dollar and Euro are the jumpings exchanged cash in FX. In a straightforward way, it is a system of organizations that is the largest financial market in the world. As indicated by the source, the Forex market is an electronic system of banks, organizations, and individual financial specialists. This trade showcase has two additional sorts of advertises to be specific Spot and Forward.

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What is forex

Answer 5

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