Forex is the market where currencies are exchanged, enabling traders and businesses to buy one currency and sell another based on changing exchange rates. If you’re exploring what is forex, think of it as a global marketplace that reflects economic activity, interest-rate expectations, and risk sentiment across countries.
A practical start is to learn core concepts like currency pairs, bid/ask spreads, leverage, and pips, then practice with a demo account before placing real trades. Use a simple plan: choose one or two pair types, define entry and exit rules, manage risk with a fixed position size, and track results to spot patterns in your decision-making.
