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What is Forex?
Forex, the Foreign Exchange Market, is an off exchange market,
where you can trade one currency for another. For example,
dollars for euros, euros for yen and so forth.
Why trade Forex?
Take a look at the Forex market today and see how prices
fluctuate. If you buy low and sell high, you make profits. If
the market moves against you, then you incur losses. Unlike with
the stock market, when one currency is going down, there is
always a currency that is going up, which makes Forex attractive
for banks and hedge funds, businesses and retail investors.
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