Very good thing, I think.Originally Posted by ;
But, it seems to me that no one (including myself) knows even basics about what's Forex.
I.e. Forex is clearly not about currencies just, but also about metals and stocks, but practically nobody takes it into account when defining Forex.
Could you please help me to know this circumstance? As it seems to me, digging here may help to understand Forex better.
I have found just one site about the topic, but it's unclear for me.
http://www.liteforex.com/tutorial/margin-trading/
. . .Financial markets are an economic system where its participants commerce in specific goods - financial devices...
At the most general sense, financial instruments are definite duties (contracts)...
common (usual) products and raw materials are also sold at the financial markets.
On the grounds of this the financial markets may be broken up into foreign exchange markets, stock markets and raw materials markets...
So Forex is just one part of 'an economic system' and one of 'financial markets'? This is the reason you can see metals and shares there, right? So definition of Forex in Wiki must be changed?