Glossary‎ > ‎

Forex - Foreign exchange - FX

The currencies exchange take place on the Foreign exchange market (Forex, FX, or currency market) and is a worldwide decentralized over-the-counter financial market for the trading of currencies.

The Foreign exchange market is the largest market in the world and is trading in excess of 4 trillion USD every day (24 hours).

Foreign exchange, Forex or FX, also known as the foreign-exchange rate, forex rate or FX rate is the exchange rate between two currencies.
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