Forex trading, alternatively referred to as foreign exchange trading or currency trading, involves the dynamic process of buying and selling currencies with the primary goal of achieving financial gains. This intricate activity takes place within the expansive realm of the foreign exchange market, renowned as the world’s largest financial market, boasting a daily turnover surpassing $6 trillion. The essence of Forex trading lies in the art of speculating on the fluctuations in the value of one currency relative to another. For instance, if a trader anticipates the ascent of the euro against the dollar, they would initiate a purchase in the EUR/USD currency pair. Noteworthy is the fact that Forex markets remain operational 24 hours a day throughout the weekdays, providing a continuous stream of opportunities for traders to engage in the market’s vibrant dynamics.