The meaning of FOREX

Forex stands for Foreign Exchange Market. It is the largest market place for currency trading. The Forex market is an over-the-counter trading market. While trading in the Forex market, you must consider the present scenario and future prospects of the country, whose currency you are trading. Aspects such as the economic stability of the country, its gross domestic production, the current inflation rate, the national security or even the country's foreign relations affect and alter the relative value of its currency on a regular basis.
There are six major Forex markets in the world. These are located in Frankfurt, London, New York, Paris, Tokyo and Zurich. Owing to the different time zones, Forex trading occurs round the clock in the various markets across the globe. For instance, when the Asian trading ends, then it is time for the European trading to open. In a similar way, when the European trading ends American trading opens. Finally, when it is time for the American trading to stop, then it is again time for the Asian trading to open.
In the Forex market, currencies from all over the world are bought, sold and traded. The participants in the Forex market usually include banks, large multinational corporations, global money managers, registered dealers, international money brokers, traders and private speculators. In order to start global Forex trading, one needs to open a Forex account in his name. You must have sufficiently high funds in your Forex account. Anyone can buy and sell currency and make a profit. However, the risks are very high and you must be familiar with the tricks of the Forex market to be able to succeed in trading currencies.
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If you’re new to forex, you’re going to need forex charts. As you develop your forex trading system, use the demo accounts that many trade brokers provide. They’ll generally provide free forex charts as part of their demo forex trading system.
Search the Internet for “forex” or “forex charts.” The choices will be a bit overwhelming. You will have to do research to get a good match, both with the forex trading system and the forex charts themselves. You may have to mix and match to get your specialized needs met.
As you refine your skills, you’ll find you’re more discerning of the tools. And you’ll begin to notice more features on the forex charts. The forex trading signals may be quite standard on many sites, but how they integrate the forex trading signals with the forex charts may not function well with your style.
Search and you’ll find forex trading signals that fit closely with your requirements. Your forex trading system will become more and more refined with practice. And that’s the best way to learn forex – practice with a demo account.
Learning the forex charts and the forex trading system of different brokers will be frustrating to start. Work through it, it will be worth it. Don’t accept the first one you try. Or even the one your friend uses. Forex trading system and forex charts are very personal. And you’re going to be spending a lot of time together. Get comfortable.
The only way to pick a forex trading system is by a trainer, friends. then its on your own.

Forex in wiki, SCAM!!
but many people shows Wiki's that they are wrong.
worth of money if you invest in forex trading