Is “Forex” just another fancy business word? What does it even stand for? Follow along as we staple out the basics of Forex Trading.
What Is “Forex Trading”?
Forex is short for Foreign Exchange. This term is used to refer to the purchasing and sales of shifting one currency to another. It’s one of the most involved trading markets in the world specifically because it involves so many players. Having a global market means that almost anyone can participate.