Wickwise The course Glossary

Foreign exchange market (forex)

The global, mostly over-the-counter market where currencies are traded, about 9.6 trillion dollars a day in April 2025 according to the BIS.

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How the currency market works Introduced here

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Risk warning. Wickwise is free education only — nothing here is financial advice or a recommendation to buy or sell. Trading and investing involve risk: you can lose some or all of the money you invest. Leveraged products such as CFDs, futures and options carry a particularly high risk of fast losses; depending on the product, losses can even exceed the money you paid in.