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Forex trading, also known as foreign exchange trading or currency trading, is the buying and selling of currencies with the goal of making a profit. Forex trading is the largest financial market in the world, with an estimated daily trading volume of over $5 trillion.

The forex market is decentralized, which means that there is no central exchange or clearinghouse. Instead, forex trading takes place through a network of banks, financial institutions, and individual traders located around the world. The market is open 24 hours a day, five days a week, allowing traders to participate … Continue Reading