What is Forex Trading?
If you're wondering "What is forex trading?", you're not alone. Forex, or foreign exchange, refers to the process of buying and selling currencies. It’s the largest financial market in the world, with over $7 trillion traded daily.
Why Do People Trade Forex?
Traders exchange currencies to make profits from price movements. For example, buying EUR/USD means you're buying the euro and selling the US dollar. If the euro strengthens, you profit.
Key Features of Forex:
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24-hour market: Open five days a week across global time zones.
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High liquidity: Easily enter and exit trades.
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Leverage: Control larger positions with smaller capital (but be cautious).
Who Can Trade Forex?
Anyone with an internet connection and a trading account can participate—from individual retail traders to banks and hedge funds.
Ready to learn more? Check out our next post on how forex trading actually works.
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FOREX BASICS