Market What Forex Exchange Is
Forex, also known as foreign exchange or fx trading, is the conversion of one currency into another. it is one of the most actively traded markets in the world, with an average daily trading volume of $5 trillion. Forex trading involves risk. losses can exceed deposits. we recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The foreign exchange market also known as forex or the fx market is the world’s most traded market, with turnover of $5. 1 trillion per day. * to put this into perspective, the u. s. stock market trades around $257 billion a day; quite a large sum, but only a fraction of what forex trades. The foreign exchange market (forex, fx, or currency market) is a global decentralized or over-the-counter (otc) market for the trading of currencies. this market determines foreign exchange rates for every currency. it includes all aspects of buying, selling and exchanging currencies at current or determined prices. A for...