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The foreign exchange market is the world's largest and most liquid. At $6.6 trillion in average daily trading volume, it dwarfs the New York Stock Exchange.
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The foreign exchange market is the world's largest and most liquid. At $6.6 trillion in average daily trading volume, it dwarfs the New York Stock Exchange.

Foreign exchange, usually referred to as Forex or FX, is the process of exchanging one currency for another, for example, EUR/USD (Euro - US Dollar), USD/JPY (US Dollar - Japanese Yen), and GBP/USD (US Dollar - British Pound) (British Pound - US Dollar).

Forex, also known as FX, Foreign Exchange, or currency trading, is a name given to the global, decentralized market for exchanging currency pairs.

Indian traders always find Forex trading very appealing as they can make significant profits, have international exposure, and twenty-four-hour movement in the market. The forex market is, however, also one of the most volatile financial markets globally, which also adds to the risk increase.