I am very confused about Forex

#11
When I searched on google about what is forex I got information that "trading in currency pairs forex"
But my questions is that if trade in US stocks/indices then what is it? Is it also forex?
Is trading in only currency pairs is forex trading?
FOREX IS DEFINATELY A CURRENCY PAIR MARKET . THE EXCHANGING OF NATIONAL CURRENCIES ON GOBAL LEVEL IS KNOWN AS FOREX MARKET NOT THE STOCK MARKET OF ANY COUNTRY .
 
#12
When I searched on google about what is forex I got information that "trading in currency pairs forex"
But my questions is that if trade in US stocks/indices then what is it? Is it also forex?
No, in forex market, currencies and commodities are traded whereas in stock market stocks are traded.
 
#13
Forex means foreign exchange and mostly involves exchange rates of currency rates. Stocks are traded on stock exchange indices are traded as ETF shares also on the stock market (since buying ETF means you buy share of a company which built portfolio of shares included in the index).

Retail forex is based on CFD contracts - i.e. contract where parties doesn't exchange notional amount only cash equal to difference between 'spot price end' - 'spot price start' multiplied by lot size. Also you can trade currency futures or options these are exchange traded products while CFD are OTC market contract.
Thanks for being so detailed! I think it clears the confusion.
 

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