FOREX Bank is a Swedish financial services company specialising in currency exchange services. The company was started in 1927 providing services for travellers, at the Central Station in Stockholm. The company was subsequently acquired by Statens Järnvägar, the Swedish State Railways, which expanded the operations wiki Forex it was sold to Rolf Friberg in 1965. The company was for many years the only one apart from the banks that was licensed to conduct currency exchange in Sweden.
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Trading foreign exchange on the currency market, also called trading forex, can be a thrilling hobby and a great source of income. You can trade forex online in multiple ways. The type of currency you are spending, or getting rid of, is the base currency. The currency that you are purchasing is called quote currency. In forex trading, you sell one currency to purchase another.