Forex Trading

Forex trading is a method of buying one currency and selling another simultaneously to earn a profit from the change in price of both currencies. It is also known as foreign exchange trading, and it allows traders to earn revenue in both falling and rising markets. Forex Trading is the most traded market in the world, with a global trade volume in trillions.

In forex trading, the currencies always come in pairs, such as USD/Euro, USD/GBP, and INR/USD. People also trade forex with cryptocurrencies like Bitcoin. Forex trading is also a decentralized phenomenon similar to cryptocurrency trading, and there is no central authority governing its functions.