What is Forex?Forex stands for “foreign exchange†and specifies buying or selling of one currency in exchange for another.The process of currency exchange in Online Forex Trading is conducted through an electronic network of banks, brokers, non-bank financial institutions, and individual traders.What Is Forex Market?Forex or Forex Exchange (also known as FX) market is a global marketplace where the world's various currencies are traded.The Forex market is considered a decentralized market because of no real market location and the exchange rates change by the second so the market is constantly fluctuating.It is one of the largest financial markets in the world with the most liquid asset and with a daily volume of $6.6 trillion
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