How does Forex trading differ from stock trading?
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Forex trading differs from stock trading in that it operates 24/5 in a decentralized market, involves currency pairs instead of individual stocks, often employs higher leverage, and is influenced by broader macroeconomic factors, whereas stock trading is centralized, company-specific, and follows set trading hours.
Forex trading focuses on speculating on currency exchange rates in a continuous, highly leveraged global market, whereas stock trading involves buying ownership shares in companies, typically during set market hours, with a focus on company performance and dividends.