What is Forex
What is Forex: An Introduction to the World’s Largest Financial Market
The foreign exchange market, commonly known as Forex or FX, is the world’s largest and most liquid financial market. Unlike other markets, Forex operates 24 hours a day, five days a week, facilitating the exchange of currencies globally. Traders, institutions, and governments participate in this market to speculate on currency price movements, hedge against currency risk, or facilitate international trade and investment.
What sets Forex apart is its accessibility and low barriers to entry. With a small initial investment, individuals can start trading from anywhere in the world. Advanced trading platforms and educational resources have further democratized access to this market, making it an attractive option for both novice and experienced traders.
