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Forex trading is distinct from stocks and bonds. In fact, it deals with currencies. The "Forex" in Forex trading stands for foreign exchange. The Forex, or foreign exchange, market, is a worldwide decentralized financial market where currencies are traded. Forex trading is the simultaneous purchasing of a particular currency and selling another. Currencies are traded through a broker or dealer, and are traded in pairs; for example the euro and the U.S. dollar (EUR/USD) or the British pound and the Japanese yen (GBP/JPY). When you trade in the forex market, you purchase or sell in currency pairs. Imagine all pairs constantly in a "tug of war
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