The Foreign Exchange Market and Forex Trading Explained in One Minute

The foreign exchange (aka forex) market is the largest by far in terms of trading volume and it should come as no surprise that more and more people want to make money in it through forex trading.

So... should you sign up for an account with a forex broker and become a forex trader?

Let's find out what forex trading is all about and whether or not it's a good option for most people.

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[travisbroadnax]

this channel should be mandatory for every 11th grade class

[scottgriffin]

I'm a full time FX trader so if u mean I highly recommend it.

[MoneyMacro]

Great video! One thing is incorrect though, currencies do (like stocks) yield a return. After all, traded currencies are held in a bank account. If you buy the South African rand with Euro, you are much more likely to earn a high interest on it because rates in South Africa are much higher than those in Europe.

[OneMinuteEconomics]

If you liked this video, I think you'll love my personal finance book (Wealth Management 2.0) that has been written specifically for today's ultra-complex investment landscape and is available over at:

[asifaliabubacker]

Great channel, keep up the good work.

[aprilarmijo]

With a broker?....What type of broker?

[mycashflow]

What he is not telling you people about trading currency? You are not actually trading currency pairs, but betting on the currency pairs if it goes higher or lower. If you actually trading currency pairs, then you will actually have opposite currency... so this guy is being deceitful

[jinhi]

Many thanks, I been tryin to find out about "forex markets" for a while now, and I think this has helped. Have you heard people talk about - Harperzon Forexify Equalizer - (just google it ) ? Ive heard some unbelievable things about it and my friend got cool success with it.