Forex (Foreign Exchange) or the buying and selling foreign exchange (forex) is the buying or selling foreign currency in the form of a contract system in which to exploit fluctuations in price rises and price drops that we can make a profit.
Excluding foreign exchange market the market, as is usually because the foreign exchange market is not available place where buyers and sellers meet to conduct the transaction as well as commodities markets. Buyers and sellers have sex only through a sophisticated telecommunications network.
Foreign currencies are often traded is USD (U.S. dollar) against the British Pundsterling (GBP), Japanese Yen (JPY), Euro Currency (EUR) and Swiss Franc (CHF).
Global trade takes place between the world's financial centers by involving major banks duni as the main executor of this transaction.
With the time difference between the market makers (the world's foreign exchange banks, non bank financial institutions, insurance, investment management, investors, individuals) worldwide, making this market is active 24 hours from Monday to Friday
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