What is Forex Trading?

Forex, short for Foreign Exchange, refers to the global marketplace for buying and selling currencies. It is the largest financial market in the world, with daily trading volume exceeding multiple trillion.

The goal of forex trading is to profit from the changes in the value of one currency relative to another. For example, if a trader believes that the value of the Euro will rise against the US Dollar, they might buy the EUR/USD pair. If the Euro appreciates as expected, the trader can sell the pair later at a higher price, making a profit.

Follow us for more info!*CFDs Trading is risky and losses can exceed deposits