Forex, short for the foreign exchange market, refers to the decentralized global market where currencies are bought and sold. It involves buying one currency while simultaneously selling another, with the aim of making a profit from fluctuations in exchange rates.

The foreign exchange market has become the world’s largest financial market. The Foreign Exchange Global Market Report stated that forex trading in 2024 averaged over $7.5 trillion each day .

If you are curious about what forex trading is and whether it might be suitable for you, then you have come to the right place. Read on for more information about the forex market and how to get started as a forex trader. BZ

Key Takeaways

The forex market trades over $7.5 trillion daily

It operates 24 hours a day, 5 days a week acros

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