FOREX - the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world.**Forex is often traded in pairs, for example USD/Euro, USD/JPY, Euro/JPY, GBP/CHF, and CAD/USD. You get 'short' in one currency and you will get 'long' in the other one. Unlike conventional stocks market, Forex trading does not have a centralized trade market.
FOREX is a more objective market, because if some of its participants would like to change prices, for some manipulative purpose, they would have to operate with tens of billions dollars. That is why any influence by a single participants in the market is practically out of the question. The superior liquidity allows the traders to open and/or close positions within a few seconds. The time of keeping a position is arbitrary and has no limits: from several seconds to many years. It depends only on your trading strategies.
With the advent of the globalization and new economic policy in the international arena, people now get benefited in earning easy way of money . It is just spinning into pockets. Forex is the byproduct of the imaginative faculty which highlights the steady growth of currency through the exchange of currency with different countries. Foreign Exchange is often called simplex fx or spot fx. It encourages the exchange of the currency of the one country with the other country. It enables a person to earn huge amount of money just investing a small amount of money. However, prior to the advent of internet into the picture, the Forex was restricted to the limited rich countries. Now, there is no obstacle in the matter of Forex trading with the help of the internet trading.