Quite simply, forex is the global financial market that allows one to trade currencies.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.

Once upon a time, before a global pandemic happened, people could actually get on airplanes and travel internationally.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

According to the Bank for International Settlements, global forex trading in 2022 averaged over $7.5 trillion each day. To put that into context, trading on the stock market averages around $553 billion each day.

Which might seem like a lot, but it is just 8% of the total volume seen in FX.

Feel free to read more here >>> 

https://www.babypips.com/learn/forex/what-is-forex

https://www.forex.com/en-us/trading-academy/courses/introduction-to-financial-markets/what-is-forex/