What is Forex trading?

December 1, 2022

Forex trading, also known as foreign exchange trading or currency trading, is the buying and selling of currencies on the foreign exchange market. The foreign exchange market is the largest and most liquid financial market in the world, and allows traders to buy and sell currencies in order to profit from changes in their exchange rates. Forex trading is typically done through a forex broker, and can be done on a speculative basis or as part of a hedging strategy. Forex trading is a popular form of trading because it allows traders to take advantage of the fluctuating values of different currencies, and can be done on a 24-hour basis. However, it also carries significant risk and should be carefully managed by traders.

“It’s not supposed to be easy. Anyone who finds it easy is stupid.” – Charlie Munger

This website is owned and operated by Investor Unity Pty Ltd (ABN: 90 160 624 331). Any advice included in this website or correspondence is general advice only and is based solely on consideration of the investment or trading merits of the financial products alone, without taking into account the investment objectives, financial situation or particular needs (i.e. financial circumstances) of any particular person. In addition to its internal services, Investor Unity is compensated by brokers and other third parties by way of referral/affiliate and/or general partnership arrangements, via its websites and other communications. Investor Unity is genuinely interested in your long-term trading & investment success. We advise you to take all necessary steps to ensure you have a good understanding of the products & services you’re considering investing in – particularly if they involve leverage. While Investor Unity takes every care to ensure that we only deal with the highest quality services, from throughout the industry, past performance is not a guarantee of future performance. Before making an investment or trading decision based on the general advice, the recipient should carefully consider the appropriateness of the advice in light their financial circumstances and should carefully review the PDS of the relevant financial product as provided by your investment broker. Past results are not a guarantee of future performance. Please contact us, to discuss any questions or concerns you may have- we are here to help.