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Put it simply FOREX — the foreign exchange market or currency market is the market where one currency is traded for another. It is the largest financial market in the world, with its $5 TRILLION a day trade volume. Yes, we said Trillion.
Don’t be intimated by the large numbers and complex terms; Forex is actually straightforward.
If you have ever traveled in a foreign country, you probably needed to exchange your money into the currency of the country you are visiting. With this one simple action, you have already participated in the Forex markets.