Forex ( FX) is the market in which currencies are traded. Incazelo yokugoba in forex. For those just getting started, we have created a comprehensive Beginner' s Guide to introduce you to forex terminology, answer common FAQs and, most. The forex market is the largest, most liquid market in the world, with average traded values that can be. Foreign exchange, more commonly known as Forex or FX, relates to buying and selling currencies with the purpose of making profit. The foreign exchange market is the " place" where currencies are traded. Currencies are important to most people around the world, whether they realize it or not. Use our forex glossary to get adjusted to the common words, phrases and terms used by other forex traders.