Forex trading, also known as foreign exchange trading, is the process of buying and selling currencies to make a profit. It is one of the largest and most active financial markets in the world, with trillions of dollars traded every single day. Unlike stock markets, forex operates globally and remains open 24 hours a day, five days a week.

Many people are drawn to forex trading because of its flexibility, accessibility, and the potential to earn income from currency price movements. However, before stepping into this market, it is important to understand how forex trading works, why currency prices change, and what risks are involved.