Forex (Forex, sometimes FX, from the English. FOReign EXchange - exchange of foreign currency) - the market of interbank currency exchange at market prices (the quote is formed without restrictions or fixed values). Usually, a combination of "forex market" (English Forex market, FX-market). Forex term commonly used to refer to the mutual exchange, not the totality of foreign exchange. In the English-speaking environment Forex currency market is usually called, and currency trading. In Russian the term Forex is usually used in the narrower sense - I mean extremely speculative currency trading by commercial banks and dealing centers, which is conducted with the use of leverage, ie margin trading currency. More details are described in the sections "Currency market participants" and "Forex as a means of making a profit." Operations in the Forex market on the objectives may be trademarks, speculation, hedging, regulatory (foreign exchange intervention of ...