Alternative Route - FOREX

Foreign exchange or more commonly known as FOREX is the largest mode of trading involving banks, traders, government bodies and traders around the world. With the presence of multiple parties, currency of different countries can be traded between countries and organizations. With varying currency rates happening everyday, there are those who gain and lose value on a certain currency.
Foreign exchange relies on not only the buying and selling of currencies, but also the exchange rates that vary daily. Buying them at a lower price then selling them at a higher price means profit made. Exchange rates are affected by factors such as political factors, economical factors, market patterns, and other factors that of a country. A country's currency is valued to a standard global trading currency, then US Dollar, because it is stable and has a strong currency value.
There are a few levels of participation in foreign exchange where inter bank trading being the highest of them all. Interbank foreign currency exchange involves large sum of money to be traded daily so that the bank will gain profit form the exchange. When we look at FOREX trading in another level, companies or firms take advantage of foreign exchange to trade for products, but in a smaller scale compared to interbank trading.
Individuals are also able to participate in FOREX trading via a few methods. One can be directly or indirectly participating in foreign exchange trading via Hedge Funds, FOREX investment companies, or brokers who offer the foreign exchange services. It is another way of doing investment and with the help of speculators in investment companies that help individuals to trade smartly, FOREX is just another good alternative to invest apart from many other current markets.