What Is Forex? A Complete Review of the Market Structure, Currency Pairs, and How to Make a Profit
The foreign exchange (Forex) market is described as a global decentralized system for trading currencies in pairs, operating continuously with high liquidity and influenced by economic and institutional factors worldwide. The article outlines its basic structure, including concepts such as currency pairs, leverage, margin, spreads, and the role of brokers, and introduces key analytical approaches like technical and fundamental analysis. It also highlights the importance of risk management, disciplined strategies, and practice accounts as foundational steps for beginners before engaging in real trading.
