An asset or security that is not traded in a formal exchange. Forex trading is conducted over the counter.
Did you know?
The average daily trading volume in the foreign exchange market exceeds $5 trillion.
Word of the day
"No Dealing Desk (NDD)" - A No-Dealing-Desk broker passes its clients’ trades straight through to liquidity providers without intervening between the two parties.
Do not open a real account before doing some demo-trading.