Also known as the FX market as well as the the foreign exchange market. The Foreign Exchange market, is a decentralized global market where all the worlds currencies trade and is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion.
That’s a ton of cabbage moving through the foreign currency exchanges every day. The primary function of the forex market is to facilitate global commerce and trade and there are many ways to trade and invest in currencies with controlled risk as well as speculate on the future value of currencies.