What is Forex
Forex is the largest global currencies exchange platform in the world, with a daily trading volume amounting to trillions of dollars. Forex, when initially established, was accessible only to governments and financial institutions, but now it is available also for individuals.
Forex allows multinational corporations operating in geographically distributed markets with substantial trade operations to gain access to the local currencies of the foreign markets they operate in. It caters to their daily currency exchange needs.