Frequently Asked Question - What is Forex?

What is Forex?

"Forex" or "FX" is the foreign exchange of one currency for another.  This exchange is necessary for international businesses, governments, travelers, and investors.  For the purposes of FXBOT.MARKET Forex is a traders market, where traders develop robots with the hope of profiting by betting on exchange rate changes.  From this perspective, the FX markets are not so different than stock or commodity markets.  There are however major fundamental differences.

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