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How does foreign exchange trading work? the balance. How To Trade Forex In 4 Easy Steps Benzinga See more videos for how to trade in foreign exchange market. The foreign exchange (also known as fx or forex) market is a global marketplace for exchanging national currencies against one another. because of the worldwide reach of trade, commerce, and. Cambrist: an individual who is deemed to have above-average knowledge of the foreign exchange market. a cambrist can relate to anyone who deals with currencies and foreign exchange on a regular. Forex is an abbreviation for the foreign exchange market. in the financial world, forex trading is also known as fx trading, currency trading, or foreign exchange trading which can be used interchangeably. unlike stocks which are traded on a stock exchange like the nyse, the global forex market is a decentralized market. The foreign exchange market assists international trade and investments by enabling currency conversion. for example, it permi...