What is the Forex market, and why is it considered the largest financial market globally?

The foreign exchange market, often called Forex or FX, stands as the largest financial market globally, with a daily trading volume of over $5 trillion. It dwarfs other financial markets, including the New York Stock Exchange (NYSE), by over 200 times. Initially dominated by central banks, financial institutions, and large corporations, the advent of online brokers and advanced trading platforms, such as Artha FX, has made it accessible to individual traders worldwide. This blog explores the intricacies of Forex trading, key components like currency pairs, and essential trading platforms like MT5 desktop, emphasizing why Artha FX is considered one of the best Forex trading platforms.