The foreign exchange forex or FX market saw a massive trillion in daily trades in It's now the biggest financial market globally even bigger than the stock market Forex trading is about buying one currency and selling another to make a profit With online trading it's easier for new traders to join in This guide will give you a strong start in trading foreign currencies We'll cover key concepts walk you through important steps and teach you to create a good trading plan You'll also learn how to manage risks This article is for both beginners and those looking to improve their forex trading skills Key Takeaways The forex market is the largest financial market in the world with trillion in daily trading volume Forex trading involves buying and selling currencies in an attempt to profit from exchange rate fluctuations Currencies are traded in pairs such as EUR USD representing the euro against the U S dollar The forex market operates with trading sessions moving from Asia to Europe and North America Forex trading offers leverage which can amplify gains but also risks making risk management crucial What Is the Forex Market The forex market is the biggest and most liquid financial market globally It's where currencies are traded against each other to make money from rate changes Unlike other markets it doesn't have a central location https youtu be mjU SUuZ U feature shared Key Takeaways The forex market is the world's largest and most liquid asset market with... Login to read full