Forex Meaning. Forex, or foreign exchange, is a term for the marketplace where investors can buy and sell currencies from around the world. Foreign exchange venues comprise the largest securities market in the world by nominal value,.
Unlike stocks and commodities, there is no central market for trading forex. In forex, traders attempt to profit by buying and selling currencies by actively speculating on the direction currencies are likely to take in the future. Forex (FX) Forex stands for "foreign exchange" and refers to the buying or selling of one currency in exchange for another.
The difference between these two prices is known as the spread.
Forex, or foreign exchange, is a term for the marketplace where investors can buy and sell currencies from around the world.
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Trading foreign exchange is done at all levels, by central banks, high street banks, businesses and speculators. Foreign exchange (Forex or FX) is the conversion of one currency into another at a specific rate known as the foreign exchange rate. Learn the words you need to communicate with confidence.