Forex trading, or FX trading, is an incredibly popular and potentially lucrative form of investment. It involves trading two currencies against each other, looking for favorable changes in their relative values that might create profit opportunities. Traders use technical and fundamental analysis to identify these opportunities, which can be capitalized on with global access to real-time prices and a wide range of available products, including futures and options. By managing risk appropriately, forex traders can reap substantial rewards for their effort.