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Forex trading, or foreign exchange trading, is the global marketplace where currencies are bought and sold against each other. Traders aim to profit from changes in currency exchange rates by analyzing market trends, economic news, technical indicators, and price movements. Popular currency pairs include EUR/USD, GBP/USD, and USD/JPY. Forex markets operate 24 hours a day, five days a week, providing opportunities for traders around the world. However, forex trading involves significant risks, especially when leverage is used, and losses can happen quickly. Successful trading requires proper knowledge, disciplined risk management, a well-tested strategy, and emotional control. Beginners should practice with a demo account before risking real money and should never trade more than they can afford to lose.