Most foreign exchange dealers are banks, so this behind-the-scenes market is sometimes called the " interbank market" although a few insurance companies and other kinds of financial firms are involved. It is understood from the above models that many macroeconomic factors affect the exchange rates and in the end currency prices are a result of dual forces of demand and supply. The foreign exchange market is the "place" where currencies are traded. Sbongile Indy Maciko March 9, at You buy a currency at a certain price and sell it when the value increases. With Forex charts you can see live currency exchange rates in real time.
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Why traders choose FOREX.com
The forex trading in the spot market always has been the largest market because it is the "underlying" real asset that the forwards and futures markets are based on. Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world's currencies trade. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion. FOREX — the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world.