Forex is the marketplace for trading all the world’s currencies and is the largest financial market in the world. It’s a decentralized market place that facilitates the buying and selling of different currencies in an agreed price. The vast majority of currency conversion is undertaken with the aim of earning a profit. The amount of currency converted every day can make price movements of some currencies extremely volatile. This volatility make forex so attractive to traders: It is estimated that, on average, $7 trillion is traded each day in the world Forex Markets.
