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Forex Trading, also known
as FX Trading or Foreign Exchange Trading, is what happens when you trade one
nation’s currency for another. For example, if I go to the bank and exchange
ten United States dollars for 15 Australian dollars, I have completed a simple
Forex trade.

The Forex trading market is
the largest trading market in the world. According to a study done in 2004,
approximately two trillion dollars are traded each day in markets across the
globe.

The Forex trading market is
very unique in several aspects, one of which is its international presence.
Unlike the stock exchange, which is largely located in New York and has set
hours, the foreign exchange market is open twenty four hours a day. In between
the United States, European, Asian, and other markets, there is always at least
one market open.

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