Many of us heard about the word called Forex which is an exchange of currency and assets through all over the nations. The forex is the abbreviation of foreign exchange where the trader trades his currencies to the leading currency nation in order to get huge returns. That is forex is nothing but buying of one currency and sell it into another at the time of peak rate. The traders must trade the currencies in pairs only. That is the currency of one nation transferred or sold into another country currency. Usually the national banks are the one involved with this forex trading. The value of one country’s currency may change based on the political and economic factors. The trader must watch the trading transaction carefully in order to sell it at the high rate or value.