What is forex?

FOREX — the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world.

Some of the participants in this market are simply seeking to exchange a foreign currency for their own, like multinational corporations which must pay wages and other expenses in different nations than they sell products in. However, a large part of the market is made up of currency traders, who speculate on movements in exchange rates, much like others would speculate on movements of stock prices. Currency traders try to take advantage of even small fluctuations in exchange rates.

How may I learn about Forex Trading? Do you have any ideas? I am totally new to Forex. Hope you'll help me.

Make money from currenies movement, seems so easy just buy low point and sell high point, but global economy is too large to analyse, just learn experience from forums.

Exactly same doubt for me too. Kindly explain it deeply.

As already mentioned by many people for learning forex go to BabyPips

I like to write a little comment to support you. I every time spent my half an hour to read this weblog’s articles or reviews everyday along with a cup of coffee.

Forex is a platform from where anyone can build his/her career as a trader. But for success need to know about Forex well. So first thing is to know better then apply yourself into Forex world.

The foreign exchange is majorly made up of currency traders. These persons are in the forex market to make profit from the relative movement of the exchange rate of a currency pair. You could buy a volume of currency pair and when the value increases you could sell and make a gain.

Forex is easy but earning money through forex trading requires a lot of skills however it could be learnt easily by learning through forums and trading demo accounts. I guess many brokers are contributing good stuff for learning forex by offering webinars and other learning stuff which is usually free for all.

For me Forex is the best way to make money online, you could earn a lot in Forex Trading and you may also end up losing your each and every savings.