Foreign exchange, or forex, traders speculate on changing exchange rates by converting large sums of money from currency to currency, much like stock traders buy and sell different stocks. Forex traders essentially attempt to buy low and sell high for a profit, but the asset they are trading is currency. 

The investment world is full of opportunities, and the stock and bond markets get most of the attention. But another market that significantly overshadows them when it comes to volume is the foreign exchange market, which trades trillions of dollars worldwide every day.


Forex trading, the common name for the foreign exchange market, entails trading currencies instead of securities (think the U.S. dollar, European euro or Japanese yen).


Although many entities trading foreign currencies via the forex market are banks, governments and high-volume brokers, there’s space at the table for individual investors as well. But, as with most investing opportunities, there’s also risk.

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https://money.com/what-is-forex-trading/

https://www.ig.com/us/forex/what-is-forex-and-how-does-it-work