What is Forex and what does it entail

[kaykay]

1/ What is Forex?

Forex (foreign exchange) is the global market for buying and selling currencies. It’s the largest financial market in the world, with a daily trading volume exceeding $6 trillion!
Key players include:

Governments

Banks

Hedge funds

Retail traders (like you!)

 

[Fxzombie]

Forex market capitalization is the largest in the financial market. It is very liquid, and buying and selling have opportunities for profit and loss. Traders try to find opportunities to profit from changes in exchange rates.