What Is FOREX ?

Have you heard of the word Forex? If you have heard of it, do you know what it means? The word FOREX really means foreign exchange market. People who are trading in the market would casually refer to it as the Forex, Spot, Spot FX or simply FX. But what is this market? What does it sell? What is being traded?
Basically, when you trade in the forex market, you mainly purchase currencies and then conversely sell the same. Depending on the exchange rate at the time of the transaction, you could either gain profit or incur a loss with trading currencies. The exchange rates are determined by comparing one currency to another and taking into consideration the countries' economic conditions. Now, if you have the right skills, you can earn millions of dollars from trading foreign currencies. This is one of the many advantages of forex trading.
Most people are looking for the best ways to invest their money. Forex trading is one good option for investments. It's not a big surprise that forex trading is fast gaining popularity among many investors for the past few years. There are many advantages of forex trading that lure investors to trade their money in forex market. The FOREX market handles $1.5 trillion in transactions every day, making FOREX is the largest financial market in the world. In comparison, the American stock exchanges combined, only handle about $100 billion in transactions. Investors are making some good money in the FOREX market, buying and selling currencies. What are the advantages to FOREX investing, and why should you consider investing in FOREX instead of traditional investments.

FOREX is more liquid than stocks. With $1.5 trillion in transactions every day, there will be buyers when you want to sell your currency, and sellers when you want to buy.
No insider trading with FOREX. When you invest in stocks, there will be people who get news relating to a particular corporation before others. Some use this news to get an unfair advantage over other investors, and buy or sell that particular stock before anyone else has a chance to even hear the news. FOREX prices vary according to a nation's economy.. News of these economic changes is available to everyone, at the same time, so no one has an unfair advantage.