answersLogoWhite

0


Best Answer

The point of the FOREX Foreign Exchange is to invest money from one type of currency to another in hopes to make a gain and profit from a certain currency rising in value. Money can also be lost in these type of exchanges when the currency you brought has went down in value.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the point of the FOREX Foreign Exchange?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

The word Forex is short for?

Forex is a contraction of 'foreign exchange,' which refers to the global currency exchange market.


What is Forex Services?

forex is Foreign Exchange (buying and selling of foreign currency)


What kind of training is covered in Forex training?

Forex training is learning the successful strategies and tips to perform Forex which is Foreign Exchange Trading. In Forex training you will learn about the foreign exchange market and how to begin.


What does the phrase forex trader mean?

The phrase "Forex Trader" means someone that trades on the Foreign Exchange market. (Forex is a commonly used abbreviation of Foreign Exchange market.)


What is capital and foreign exchange?

In general capital is financial resources.. And Foreign exchange is called Forex.


What is other name for foreign exchange?

Forex, FX, currency exchange


What is the full form of FOREX?

Foreign exchange market .


What is foreign market manipulation?

manipulate in the securities of the FOREX(foreign exchange market)..


What is mean forex?

FOREX is short for Foreign Exchange. It is the conversion of one country's currency for another.


Does Forex Training provide for foreign exchange and commodity traders?

Yes, it does. It is implied in the title as Forex is short for Foreign Exchange. It is basically a decentralized market for trading currencies and commodities.


Does the foreign exchange works on Saturdays?

The foreign exchange (forex) market is open 24/7 Mon-Fri.


What is a foreign exchange?

Foreign exchange or Forex refer to exchanging one country's currency by another country's currency.