Forex Trading (Foreign Exchange) is the marketplace where various national currencies are traded and aimed to make a profit.
Many people think that forex trading is just trading of one currency for another that can take place on money charger, whereas forex trading is different from manual transactions like in money charger.

On an International scale, foreign exchange trading (forex) is carried out by various parties, starting from the Government, Central Banks, Multinational Companies, to those individuals who have large amounts of assets (big players).

Foreign Exchange transactions between various parties did not take place in the market with physical buildings, rather the market is an electronic network also known as the “Forex Market”.

The Major Currencies and their designation in the foreign exchange market are
USD/CHF, USD/JPY, USD/CAD, GBP/USD, EUR/USD, AUD/USD, etc.