Forex trading can be defined as the exchange of the currencies between two countries. Currency includes all the gold and silver reserves, all the paper notes and coins, the deposits with banks and other financial institutions, cheques, bank statements, bills, bonds and the foreign exchange reserves. The foreign exchange reserves are the reserves created due to the import and export transactions made in the economy. The import – export market refers to the international trading market. Imports Exports are just the Introduction to Foreign Exchange Trading. The Forex trading involves much more components apart from the imports and exports of a country.

The Introduction to Foreign Exchange Trading started with the introduction of the currency. Hence the currency market is also known as the Forex market. Here all the trade business done is through some form of currency.  Banks, multinational companies, brokerage firms and individual traders exchange the currency of their country with the currency of another country at a fixed amount. They generally make use of forex signals to arrive at a trading decision.  Exchange nowadays is one form of virtual market for the worldwide suburbanized trading of international currencies.
 
The primary participants in a typical forex trading(German: Forex Handel) market include commercial banks, central banks, exchange markets, investment funds, individual investors, broker companies and other firms that conduct foreign trade transactions. The financial institutions all over the globe act as the platform for the traders for national as well as international market. The USD (United States Dollar) is considered as the universal currency and is the most preferred currency in the Forex market. Apart from the USD there are many other accepted currencies like- the Euro EUR, Great Britain Pounds (Sterling) GBP, Swiss Franc CHF, Japanese Yen JPY, Australian Dollar AUD, New Zealand Dollar NZD, Canadian Dollar CAD, Hong Kong Dollar HKD, Swedish Krona SEK, South Korean Won SKW, Singapore Dollar SGD, Mexican Peso MXN and the Indian Rupee INR. You can receive real-time forex signals(German: Forex Signale) for all these aforesaid currencies. The currency market is unique due to features like-
•    High Liquidity
•    Universal Acceptability

•    Geographical Dispersion
•    Exchange Rates
•    Leverage
•    Transparent Trading Platforms
Today’s Exchange follows the rule of demand and supply and has two basic types of operations: buy and sell. The Forex market is highly diversified and spread all over the world. It functions in the form of open market operations and follows the Over the Counter nature of trading. No single person or company is capable of manipulating pricing through targeted buying or selling on the foreign exchange market because of the sheer magnitude of the volume of trading which exceeds $4 trillion every day. The values of different currencies are determined by the Forex market.

Due to the Introduction of forex trading, the exchange rates have developed their own determinants. The determinants may be the economic factors, political conditions, market psychology, international parity conditions, balance of payment situations, asset market module, etc.  Forex trading and the foreign exchange market are literally two of the most extensive commercial networks in the world. To emerge a winner requires experience, knowledge, access to high-quality forex signals and the psychological wherewithal to stand the vagaries of fortune.