What is forex trading?

What is forex trading, is there any benefits in making this investment?

According to a valued resource (Financial Web):
FOREX trading is a very specialized form of day trading. (Day traders invest by buying and selling securities, or opening and closing their market positions, on the same day.) Because of the high margins available in FOREX, investors can control large amounts of currency with relatively small outlays of actual cash. This leverage creates the potential for huge profits as well as huge losses. The would-be FOREX trader must remain aware that, just as with any other investment vehicle, financial loss is always a possibility.

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