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Forex market How would you define foreign exchange trade or forex market?
avatar Catkathy
Question by: Joseph - 14 Jun 2017, 07:57:12
How would you define foreign exchange trade or forex market?
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Answers (1)
avatar user 12727
Answer by: Jeremy - 14 Jun 2017, 08:01:59

Foreign exchange trade deals with selling and purchasing of currencies. One currency is bought or sold in exchange of another currency. Therefore, currencies are always traded in pairs on the basis of international exchange rates that keep changing every day. There are many forex trading brokers that offer brokerage services for facilitating such transactions.

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