rd (Forex) refers to the market for trading or exchanging foreign currencies or the global exchange of foreign currencies, which is the largest financial market in the world, as the daily volume of currency trading in the forex market is estimated at about 5 trillion Dollars. Trading in the stock market is often based on expectations and without actual delivery or trading of currencies, as they are traded through price changes via computer screens spread to participants in this market around the world. So the results and profits of your trading are greatly affected by the expectations as well.
So what is forex exactly? Trading on foreign exchange is the process of selling one foreign currency and exchanging it for another at the same time, and each transaction passes through intermediaries known as the broker or trader, and currencies are traded in pairs, for example the Euro against the US Dollar (EUR/USD), the US Dollar against the Japanese Yen (USD/JPY), or the US Dollar against the Canadian Dollar (USD/CAD) and so on.
Forex trading can be a bit confusing, as you are not buying tangible things. Therefore, buying a currency is like buying a part of a country, as the exchange rate of a particular currency against other currencies is a reflection of the state of the economy in that country compared to the economies of other countries.
In contrast to several markets spread in the market; including the New York Stock Exchange, the London Stock Exchange, the foreign exchange market follows the exchanges over the counter networks (OTC). They are markets in which goods are bought and sold without having a specific central place, that is, there is no Physical headquarters, Therefore, the buying and selling operations between companies, banks and individuals through communication networks, computers, phone calls and the Internet simultaneously between hundreds of banks and thousands of investors around the world, so the forex market is open around the clock throughout the five working days during one week of the night Sunday to Friday evening.