The foreign exchange market (forex, FX, or currency market) is a global, worldwide-decentralized financial market for trading currencies.

Forex is a Currency Trading

The market in which participants are able to buy, sell, exchange and speculate oncurrencies. Foreign exchange markets are made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors.

It is the over-the-counter marketin which the foreign currencies of the world are traded. It is considered the largest and most liquid market in the world.