What is Forex?

What is Forex?

Forex, also known as foreign exchange, FX or currency trading,

The foreign exchange market (Forex, FX, or currency market) is a global decentralized or
over-the-counter (OTC) market for the trading of currencies.
This market determines foreign exchange rates for every currency.
It includes all aspects of buying, selling and exchanging currencies at current or determined prices.
Its continuous operation: 24 hours a day except for weekends, i.e., trading from 22:00 GMT on Sunday (Sydney) until 22:00 GMT Friday (New York);
The foreign exchange market assists international trade and investments by enabling currency conversion.
In a typical foreign exchange transaction, a party purchases some quantity of one currency by paying with some quantity of another currency.
Just like stocks, you can trade currency based on what you think its value is.
The US dollar is by far the most traded currency.
Benefit:  exchange rates change all the time, and Forex traders attempt to profit from these changes

What is visa?

What is visa?

Visa full form :

A visa stands for Visitor’s Intention to Stay Abroad , is a document showing that a  person is authorized to enter or leave the territory for which it was issued,subject  to permission of an immigration official at the time of actual entry.
The  authorization may be a document, but more commonly it is a stamp endorsed
in  the applicant's passport.
Some countries do not require a visa in some situations,
such as  a result of  reciprocal treaty arrangements.
The country issuing the visa typically attaches  various conditions of stay, such as the territory covered by the visa, dates of  validity, period of stay, whether the visa is valid for more than one visit, etc.
A visa generally gives non-citizens clearance to enter a country and to remain there  within specified constraints, such as a time frame for entry, a limit on the time  spent in the country, and a prohibition against employment.

Types and names of visas :
Transit visas
Short-stay or visitor visa
Long-stay visa
Immigrant visa
Official visa
On-arrival visa
Electronic visa