What is Forex?
Forex, or foreign exchange, is the global market where currencies are traded. It operates 24/5 and is the most liquid market in the world.
Key points:
- Trillions in daily volume
- High liquidity
- Low transaction costs
Foundations
Forex Trading Fundamentals
Introduction to Forex
Learn what forex trading is and how the currency market works.
15 minute lesson
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Posted on
May 9, 2026
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Updated May 29, 2026
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Currency Pairs
In forex, currencies are traded in pairs. The first currency is the base, and the second is the quote.
Example: EUR/USD means 1 Euro equals X US Dollars.
Frequently asked questions
What is the forex market?
The forex market is the global market for exchanging national currencies.
What are currency pairs?
Currency pairs show how much of one currency you need to buy another currency.
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What is Forex and how it works
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