What is forex trading? How does it work

Forex, also known as foreign exchange(FX), currency trading, is a decentralized global market where all the world’s currencies trade.  It is the means by which individuals, companies and central banks convert one currency into another – if you have ever travelled abroad, then it is likely you have made a forex transaction. The forex market is the largest, most liquid market in the entire world with an average daily trading volume exceeding $5 trillion. If we take all the world’s combined stock markets don’t even come close to this. But…

Read More