The word "Forex" refers to the foreign exchange market or the global stock of foreign exchange, which stands for term economic of foreign language "Foreign Exchange Market" or "forex market",FOREX a market runs in all parts of the world where the disposal of currencies by international banks and institutions International financial markets and individual traders FOREX.
And financial analysts estimated daily volume of currency trading in the Forex market at about $ 3 trillion. And are traded by buying and selling major currencies, which possess the basic share from operations in the forex market is the U.S.FOREX dollar (USD) the base currency and the euro (EUR) and pound sterling (GBP) and Swiss franc (CHF) and Japanese Yen (JPY) and the Australian dollar (AUD), Canadian Dollar CAD)) and the FOREX currencies of other Arab and foreign countries.
According to one expert economists that the currency markets are markets created by the technical routine and facilitated the spread in recent times,FOREX and influenced by the Forex market technology,FOREX this market was able to attract large groups of investors during the past years thanks to the spread of technology and communications.
Ma Pa for a percentage of people who do not have experience in dealing with the Internet and computer,FOREX can trade through telephone calls to FOREX brokerage firms and projections indicate to accept a large segment of young Saudis and the Gulf currencies to trade in future periods.
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