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Forex - An introduction. Level: Beginner / Length: 15 minutes. In this introduction to Forex module you’ll be taken through the basics of the market. We’ll introduce you to the key concepts and terminology and look at who and what is involved in Forex trading. Introduction to Forex Boasting over $5 trillion in average daily turnover, the Forex market is the world’s largest marketplace. Its primary function is to facilitate the trading activities of forex currency market participants. Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or ... Forex — An Introduction. Forex, or foreign exchange, is the buying of 1 currency with that of another. Although it is called foreign exchange, this is just a relative term. The terms domestic and foreign is relative to the person using the term. What is foreign to one person is domestic to another. Introduction. Created by industry professionals, the MYTS Forex Trading Guide has been put together with complete beginners and new traders in mind. If that is not you, then there will still be some useful information contained within its pages – so please read on or select a chapter you want to jump to.
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