The Forex market is the largest and most liquid financial market in the world, with trillions of dollars traded daily. This high liquidity allows for easy execution of trades, and it means that traders can enter and exit positions quickly without significant price slippage.

Participants in the forex market include central banks, commercial banks,corporations, retail traders, and speculators. Each participant engages in forex trading for different purposes, such as hedging against currency risk,investment, or seeking profit opportunities.

Forex trading often involves the use of leverage, which allows traders to control a larger position with a relatively small amount of capital. While leverage amplifies potential profits, it also increases the risk of significant losses. Therefore, proper risk management is crucial when trading with leverage.