Moneys of the World...

Anywhere one currency is traded for another, there will be a currency exchange market.  This market is also known as Foreign Exchange or Forex, for short.   All around the world speculators and investors trade currencies through this market. This trading is done in pairs so when traders are buying currency, they are also selling at the same time. Even though Forex has been around for a long time, it has only been...

International Money Transfer...

The Foreign Exchange Market is commonly misconstrued as the stock market, but the FX market obviously only deals and trades in money transfer. The difference between the two markets is the extensive trading that takes place on the foreign exchange market. The vast sums of monies that pass through the FX market can be phenomenal, easily reaching in to the trillions daily,so obviously the amounts of money are far greater than...