Introduction To ForEx
| Money : Saving You may have heard of ForEx but what exactly is it? Well, ForEx refers to foreign exchange, and is a 24 hour a day market that is always open to trade. It is actually also the largest market - estimates are that 1.2 trillion US dollars are turned over in ForEx every single day - hence it is very liquid indeed! There is no fixed exchange, but rather trades are done online or by phone. in ForEx, then, you trade currencies - you swap one currency for another. However the point is not to actually get the money in the other currency but rather because you are taking a position, a guess, that the other currency will either go up or down relative to yours.
 Questions about Foreign exchange:
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