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Forex is short for the Foreign Exchange Market, an over-the-counter market where the majority of the world's currencies are bought and sold. The Forex market tends to be a volatile market with rapid changes. With an acknowledgement of the risks being run, as well as the potential for lucrative rewards, the popularity of foreign exchange trading continues to grow. Day traders and other small investors want a slice of the action. Until recently the Forex was denied to all but the largest financial institutions and banking corporations. But a sea change, brought about by the internet and high speed trading platforms, has empowered individuals and small companies to participate fully in the Forex market.
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