Forex is foreign exchange or foreign exchange. The forex business is a business with buying and selling foreign currencies at its core. The forex industry itself is quite a massive industry. At least this can be seen from the Bank for National Settlements (BIS) triennial survey report (PDF).
The report stated that the trading volume on the foreign exchange market averaged US $ 5.1 trillion per day in 2016. Furthermore, every day, the forex market spot transaction volume reached a value of 1.7 trillion US dollars with swap transaction volume reaching 2, 4 trillion US dollars per day in the same period. The BIS report also stated that the US dollar was the dominant currency in foreign exchange market transactions with a percentage reaching 88 percent in that period. On a large scale, various industries are also involved in the forex industry. Companies engaged in the export and import sector, as well as loans or debts as well as debt payments denominated in foreign currency also contribute to the large volume of foreign exchange market transactions.
"Investing in the futures industry, including forex is safe to do, as long as the understanding of risk is well understood by customers or investors. Understanding risk, including investors, do not be mistaken for investing in a brokerage firm"