Forex trading is the buying and selling of currencies with the hopes of making a profit. Forex trading can be done by converting, storing and exchanging physical money, but the majority of forex trading is done through contract. Forex trading, for business and speculation, makes up the world’s largest financial market.
At the core, forex trading is the same thing as exchanging your money for a trip. If your trip is long enough (and depending on how much banks take), you may find that you make out better or worse when you change your leftover cash back to your domestic currency. Currency pairs and the forex market make trading currency for profit much easier than working through banks.
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