What is Forex & FX?

What Is the Forex or FX? The foreign exchange market, commonly referred to as the Forex or FX, is the global marketplace for the trading of one nation's currency for another. The forex market is the largest, most liquid market in the world, with trillions of dollars changing hands every day.

What is a Forex Broker & how does it work?

These brokers allow individuals to trade on the forex market through their platforms, often using leverage and margin. Simply put, the forex market is an essential component of the global financial system, facilitating the exchange of currencies and allowing for speculation on the value of different currencies. How Does Forex Trading Work?

What is institutional forex trading?

Institutional forex trading takes place directly between two parties in an over-the-counter (OTC) market. Meaning there are no centralized exchanges (like the stock market), and the institutional forex market is instead run by a global network of banks and other organizations.

Is Forex a lot?

As forex tends to move in small amounts, lots tend to be very large: a standard lot is 100,000 units of the base currency. So, because individual traders won’t necessarily have 100,000 pounds (or whichever currency they’re trading) to place on every trade, almost all forex trading is leveraged. What is leverage in forex?