Embarking on your quest into the world of FX trading can feel daunting at first, but this fundamental guide will explain the essentials. Forex, short for foreign exchange, is the worldwide marketplace where currencies are traded. You'll be involved in pairs like EUR/USD (Euro versus US Dollar), betting on whether one currency will increase in value

The foreign exchange platform, often shortened to Forex, offers an fascinating opportunity to engage in the planet's largest and most dynamic financial exchange. Unlike traditional stock exchanges, the Forex market is a decentralized, over-the-counter system where currencies are bought 24 hours a day, five days a week. This allows individuals to p