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What is FOREX?
FOREX is the largest and most liquid financial market in the world, referred to as the market closest to the ideal, perfect competition.
The word FOREX stands for the foreign exchange market, also known as currency or FX market.
FOREX is an electronic network used by banks, central banks, currency speculators (like you, if you start trading), multinational corporations, governments, and other financial markets and institutions to execute foreign exchange transactions.The foreign exchange market is unique because of: