💱 What is Forex?

Forex (Foreign Exchange) is the global marketplace for trading currencies.

It is where one currency is exchanged for another, such as:

• EUR/USD (Euro vs US Dollar)

• GBP/USD (British Pound vs US Dollar)

• USD/JPY (US Dollar vs Japanese Yen)

  
  

🌍 How does Forex work?

Forex trading involves buying one currency while simultaneously selling another.

Currencies are traded in pairs, and traders aim to profit from changes in exchange rates.

⚠️ This content is provided for informational purposes only and does not constitute investment advice. Trading Forex involves risk and may not be suitable for all investors.