06 Nov, 2024
5 mins read

Definition, Types, Operation, and Trading Risks of the Forex Market

Banks and individuals purchase, sell, and exchange currencies in the foreign exchange (forex) market. The most recent trustworthy statistics from 2022, when daily worldwide trade reached $7.5 trillion, indicates that it is the largest financial market in the world. The forex market, which is composed of banks, commercial enterprises, central banks, hedge funds, investment management […]