Forex, short for foreign exchange or FX, is the global marketplace where currencies are traded. It’s the largest and most liquid financial market on the planet, with a staggering daily trading volume of over $7.5 trillion—yes, that’s trillion with a “T”!
But what does this really mean, and why is Forex trading so popular? Let’s break it down step by step and dive into the fascinating world of Forex. We’ll uncover how it works, who participates, and what makes it so unique.
Lesson 1. Forex Basics.
What is Forex?
What Is Traded in Forex?
Trading Currency Pairs in Forex: The Basics
Forex Market Size and Liquidity
How to Trade Forex
Can You Get Rich by Trading Forex?
