What is Forex trading?

What is forex trading, is there any benefits in making this investment?

Answer #1

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Answer #2

According to a valued resource (Financial Web): FOREX trading is a very specialized form of day trading. (Day traders invest by buying and selling securities, or opening and closing their market positions, on the same day.) Because of the high margins available in FOREX, investors can control large amounts of currency with relatively small outlays of actual cash. This leverage creates the potential for huge profits as well as huge losses. The would-be FOREX trader must remain aware that, just as with any other investment vehicle, financial loss is always a possibility.

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Follow up with me, I’d like to know what happens here. ~Ben~

Answer #3

Forex trading refers to foreign exchange trading - the trading of currencies from various countries. http://funadvice.com/r/15fpf3hmtnl

Answer #4

Forex trading is a term used for Foreign exchange trading where currencies from different countries are traded. Euro and Dollar are the main currencies in Forex trading.

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