Forex is the acronym of Foreign Exchange. It is the most de-centralized liquid market where all market participants meet and exchange currencies globally. The FX market volume is above 2 Trillion USD per day and the figure rises up to 5.5 trillion when the derivates are included; according to BIS.
Contracts for Differences (CFDs) are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. You might consider consulting an independent advisor if you are not sure whether Forex or CFDs are a suitable options for you. For further information please see our full Risk Warning.