What is forex
So what is forex exactly?. The foreign exchange market, which is usually known as FOREX is the largest financial market in the world. What is Forex is the question which it puts more people. Forex is the simultaneous exchange of one country's currency for that of another. Forex trading sites offers online trading platforms for individuals that wish to speculate on the exchange rate between two currencies. Forex currency market of exchange has more daily volume - both buyers and sellers - than any other market in the world. Forex is trading currencies from different countries against each other. Forex is acronym of Foreign Exchange. Almost all forex trades are of speculative nature, without physical delivery of currency. Every deal goes through intermediaries called brokers forex. Currencies are traded in pairs, for example euro vs. US dollar , US dollar vs. Japanese yen and so on .
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