Forex Trading for Beginners Lesson 1.1

What is Forex Trading?
Forex trading, or foreign exchange trading, involves the buying and selling of currencies in the global marketplace.
It operates on the principle of exchanging one currency for another aiming to make a profit from fluctuations in exchange rates.
The Forex market has evolved significantly over the years.
It began as a system of currency exchange in ancient times, but the modern Forex market emerged in the 1970s with the advent of floating exchange rates.
The market has grown to become the largest financial market in the world, with a daily trading volume exceeding $7 trillion.

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