Lesson 1, Topic 1
WHAT IS FOREX (FX) TRADING?
Before we get into Forex trading – lets understand what ‘Forex’ actually means.
The word ‘Forex’ is created by the mash-up of two words, ‘Foreign’ and ‘Exchange’.
So, what is Foreign Exchange?
Foreign Exchange, is the exchange of one currency for another or the conversion of one currency into another currency.