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Forex - what is it? The meaning of a word, definition, origin, translation

Forex (from FOReign EXchange - currency exchange) is a speculative currency trading using leverage. Profitability from operations in foreign exchange markets Forex is formed due to the correct guessing of the direction of the course. Simply put, if you bet on the Forex that the dollar will grow, for example, to the ruble, and it really grows, then you make a profit. If it falls, you are at a loss. In fact, Forex is a kind of currency casino, where instead of tables and croupier - currency pairs.

Forex is in the list: Finance