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The Foreign Exchange Market , or forex market (also known as the currency market or FX market), is the largest center of trading between countries in terms of certain currencies in which investments are made, usually through a broker or a financial company. In broad terms, forex trading is not very different from stock market trading except that the FX trading operates on a significantly larger level/scale. The parties involved in FX trading range from governments and banks to brokers and (in a smaller number of cases) retailers. In the latter case, the term spectator has been coined for the average person who takes part in trading. Owing to the dynamics of financial market and the flux in financial conditions, trading in forex market witnesses several ups and downs on a daily basis.
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