What is Forex?

As a matter of fact, every person on Earth probably has already been a participant of exchange market more than once by visiting the exchange office and for example, buying one currency for another and vice verso.

Forex is over-the-counter exchange market, uniting all leading world banks, major commercial companies, hedge funds and of course us, the traders.

The word Forex is made of two English words: FOReign EXchange.

The transactions are made using special software or via Web interface. This Forex feature is probably the great advantage for those who plan to earn on the Forex market, as long as all work can be performed on any computer with Internet connection from almost any place in the world.

 

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