Forex (commonly referred to simply as FX) is an abbreviation of the term ‘Foreign Exchange’. In the trading arena, it is synonymous with the trading of foreign currencies.
What Is Forex Trading?
Unlike all other forms of trading where money is exchanged to purchase a particular financial vehicle (such as stocks and options), currency trading deals instead [...]
You have probably traded stocks before, but have you ever traded currencies? Currency trading goes back thousands of years and was the first market used by nations, traders and merchants to facilitate the open market process. The trading of national currencies has its own market called the Forex, which is an abbreviation for [...]
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