Forex is trading with foreign currency, stocks, and similar type of financial products. In forex trading, the currency of one country is weighed against the currency of another country to find out the value. The value of that foreign currency is taken into consideration when trading stocks on the forex market. Many countries have the control over the value of that country’s currency or money. Most of the major banks, large businesses, governments and other financial institutions are involved in the forex market.
Difference between the forex market and the stock market.
When trading is done in the forex market, it requires at least two or more than two countries and it can take place anywhere in the world. In this market, one country is the investor and the other country is where the money is invested. In the majority of the cases, the transactions are done through the broker, such as a bank.

Importance of the forex market.
The forex market involves a variety of transactions and countries. The countries that are involved in the forex market do trading in large volumes and invest a huge amount of money. It takes money to make more money. When trading is done in the forex market, big money is put to make bigger money. Most of the businesses doing forex trading generally have a lot of liquid money or assets with which you can buy and sell things fast. Forex is a huge, huge market. It generally holds a stronger position in comparison to the stock market. Trading is done twenty hours a day and sometimes trading is completed on the weekend, but not all weekends as a rule. Almost two trillion dollars was an average daily trading volume two years ago. This is a huge number for the number of transactions to take place.