What is FOREX?
Foreign Exchange or FOREX is a huge market. It is a financial market for the trading of currencies. For instance, FOREX allows a European business to import products from the USA and pay dollars, even if the business’s income is in Euros, in short FOREX converts one currency to another, making business possible and more convenient worldwide. Imagine the world without FOREX?
FOREX is also decentralized – a large organization, divided into smaller units. It works non-stop – 24 hours everyday with a break only on weekends. They work continuously, since it is recognized as the largest financial market in the world with a lot of team players. They are responsible for a daily turnover of not just millions, or billions, but trillions.
