Forex Trading

What
The foreign exchange (FX) market refers to the market for currencies. Transactions in this market typically involve one party buying a quantity of one currency in exchange for paying a quantity of another.

Pros
It is a 24-hour market and a forex trader can generate profits in good and bad times.

Cons
Constant monitoring of the FX market is required. Due to the high volatility of currencies, it requires intensive research.

Best for
Recommended only for professionals and savvy investors.