Forex (foreign exchange) trading is used for various purposes, including: 1. Speculation – Traders buy and sell currency pairs to profit from price fluctuations. 2. Hedging – Businesses and investors use forex to protect against currency risk, especially those dealing with international transactions. 3. International Trade & Investments – Companies and investors convert currencies to conduct global business and invest in foreign markets. 4. Central Bank & Government Policies – Governments and central banks intervene in forex markets to stabilize or influence their currency values. 5. Arbitrage – Traders exploit price differences across different markets to make risk-free profits. Are you interested in forex trading for personal investment, business, or another reason?