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Universal Currency Converter under license from XE.com. Terms of Use
 
 
Money Currency Foreign Exchange Forex FX
Currency:   Money issued by a country.
Converting a currency:   The act of exchanging money issued by one country for money issued by another. Used for travel, export or import.
Foreign Exchange:   The exchange rate or value representing the relationship between the different currencies.
Forex or FX Trading:   The act of trading of currencies using leverage. It is made by banks, by investors and by speculators who believe they have the ability to foresee the direction of some currencies pairs.
 
Warning:
  Trading Forex has a high degree of risk as it is not easy to forecast with precision the future direction of the financialmarkets or elements which influence the relationship between different currencies. Even if some traders may be successful doing it,do not expect that trading Forex is an easy way to make money. It is certainly not.  
 
 
 
 
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