Forex is trading foreign currencies, like exchanging dollars for euros when you travel. Today it happens through apps and platforms connected to brokers, where you buy and sell currencies with a few clicks instead of handling cash.
Chapters
What is forex trading? Forex is currencies, foreign currencies, foreign exchange. It's where you exchange currencies. When you travel the world, you go to exchange and you exchange dollars to whatever it is. Basically, it's the same concept, same logic, but it's everything happens in digital way. If it's the app or if it's on computer with brokers who are connected to the real market and all this exchange happens automatically without you being involved doing anything. You just buy and sell, buy and sell, buy and sell. Currencies, different currencies.