Forex trading is the trading of foreign currency that is found in foreign trading markets. The foreign exchange markets helps in the international trade and investments. This is because the foreign exchange markets convert currencies to enable the use of different currencies by many different countries. The traders who are involved forex trading are institutional investors, central banks, currency speculators, corporations, Governments and other many financial institutions. It is important to note that the daily turnover in the forex markets is determined by the continuous growth of the currencies.
Investing in foreign currencies is a relatively new avenue of investing. There are considerably fewer people are aware of this market than there are people aware of several other avenues of investing.