Forex trading definition.
Forex, also known as foreign exchange or currency trading, is the decentralized global market where currencies are bought and sold. It involves the buying and selling of currencies with the aim of making a profit from the fluctuation in their exchange rates. Forex is the largest financial market in the world and is open 24 hours a day, five days a week. It is used by individuals, corporations, and governments to facilitate international trade, investments, and tourism. Forex trading can be done through a broker, and traders use various tools and strategies to analyze the market and make trading decisions.
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