Foreign Exchange or FOREX is the place where a nation’s currency is exchanged for that of another. The foreign exchange market is the largest financial market in the world. It is simultaneously purchasing and selling of the currency or the exchange of one country’s currency for the one of another country. In this market currencies of nations are traded, typically via brokers.
Features are 24-hour trading, 5 days a week with non-stop access to global Forex dealers. The investor’s goal in Forex trading is to profit from foreign currency exchange difference. To invest when the value is low , and sell the very moment when it reaches greater value.