What is Forex (Traditional Currency Market)?

Forex (Foreign Exchange) is the largest financial market in the world, where currencies are exchanged. In Forex trading, you buy one currency and sell another simultaneously, speculating on its appreciation or depreciation.

How it works:

• You choose a currency pair (e.g., EUR $USDC /USD).

• You can open a buy order (long) or sell order (short).

• You define how much you want to gain (take profit) and how much you are willing to lose (stop loss).

• You can keep the position open as long as you want.

• Profit is proportional to the price variation (not fixed).

• Leverage is usually used.

Features:

• You control when to enter and exit the trade.

• You can earn more (or lose more), as profit is variable, not fixed.

• Requires more technical knowledge.

• Greater transparency and regulation, depending on the broker.