I read your question and will like to explain to you that Forex trading is basically buying and selling of currencies on designated platforms on the internet with a view to making profit.
The forex market is very volatile and if care is not taken, you may lose all your investment in a moment. But it is also lucrative, provided you follow the rules.
Please do a thorough research before investing in forex trading.
Report Kayode's answer
Forex is buying or selling of one currency in exchange for another. Forex is quoted in pairs, so for example USD/JPY. If you would to buy ("go long"), you would be purchasing US Dollar and selling Japanese Yen. Conversely, if you sell to get into a position ("go short"), you're buying Japanese Yen and selling US Dollars.
Report Elizabeth's answer
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Report Daniel's answer
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Report Marshall's answer
Trading in foreign exchange (FX or fx) refers to the buying and selling of different currencies with the goal of making a profit getting over it. Even the most seasoned and talented traders struggle to forecast currency changes.
Report Will's answer
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