Forex stands for the Foreign Exchange market, or Forex (FX). The foreign exchange market (FOREX) is the largest financial market in the world, with a volume of over $1.5 trillion daily in the US alone; more than three times the total amount of the US Equity and Treasury markets combined.
Traditionally, investors only way to gain access to the foreign exchange market was through banks that transacted large amounts of currencies for commercial and investment uses. Now because of federal rule changes, Forex trading is no longer a monopoly of the banks and investment houses, that means you too can enter and profit from the largest financial market in existence.
