What is Foreign Exchange Trading?
Posted by Anna .T on 17 April 2014 12:50 PM
Foreign exchange trading, which is commonly called Forex trading, is the swapping of currencies from different countries. For example, you could trade US Dollars for Euros.
In the modern age of computers and digital trading, Forex trading has become less dependent on a physical exchange of currencies. These days a trader can make a foreign exchange trade simply by placing an order using a computer. The trade can be held anywhere from minutes to years depending on the intention of the trader.