What is Forex trading?

What is Forex trading?

What is Forex trading?
There is an occupation available to anybody with a computer and Internet access, but only few people really understand what Forex trading is.
The trading part is self-explanatory. Trading, whether at a market place or a stock exchange, is bartering one asset for another. Apples for oranges, or Crude oil for US dollars.
With that in mind, the word Forex or Foreign Exchange is a term that most commonly refers to an online marketplace for trading currencies and several other types of financial asset.
Currency exchange is a type of trading operation occurring daily on an international scale. Governments do it. Businesses do it. Even ordinary people do it.
Trading is conducted via computer networks, electronically between all of the traders around the world. This is one of the numerous reason why Forex market is the most liquid market in the world, the most accessible market in the world, and, as an inevitable result, considered to be the most dangerous and ill-famed market in the world.