The Foreign Exchange Market is also referred as Forex market, FX market or Currency Market. Forex Markets trade the actual exchange rate between two currencies (i.e. the most traded currency pair is the EUR/USD, this is the value of 1 Euro in US Dollars).
The Forex Market is the biggest and most liquid financial market in the world, with more than 3 trillion dollars of turnover on a daily basis.
There is no physical location, where all the volume is traded at, this is called an Over The Counter (OTC) Market, due to the fact that all transactions over the world are conducted via telecommunications (phone, on-line platforms, etc).
For more information about Forex, please visit the following pages:
Benefits of the Forex market. How you can take advantage of all the benefits of the forex market
Forex vs. other financial markets. A comparisson between the forex market against the stock and futures market.
Currency Trading Basics. Learn about all the important aspects of the forex market
How to trade the Forex market. Article that explains how we should trade the forex market
Now what? What are the next steps that you can take to start trading the forex market
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