What Is Foreign Exchange Trading? Estimated reading: 1 minute 51 views Foreign exchange (forex) trading is the process of buying and selling currencies to profit from price fluctuations. It involves exchanging one currency for another, such as trading US dollars (USD) for euros (EUR).How Forex Trading Works:Trades are executed online through brokers and trading platforms.Traders can hold positions for minutes, hours, days, or even years, depending on their strategy.The forex market operates 24 hours a day, five days a week, allowing global participation.Forex trading offers opportunities for individuals, businesses, and institutions to speculate, hedge, or facilitate international trade without the need for physical currency exchange.
