Forex, also known as FX, Foreign Currency, or Currency Exchange, is a highly renowned and liquid global market in which daily transaction volumes reach trillions of dollars worldwide. Forex includes categories like Retail and Institutional Investors, Brokerage firms, Financial Institutions, Liquidity Providers, and Hedge Fund Entities.
Forex traders engage in trading currency pairs valued in price quotes. A currency's relative value and stability are used to assess its overall market condition.
Forex lends itself exceptionally well to lucrative CFD trading due to the dynamic nature of the market. CFD
Forex traders profit from currency asset price changes rather than their underlying value, providing
opportunities for traders to profit on a daily basis.
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