Is Forex a Scam?

This is a very general question which many people ask about forex. Most of the new traders are confused about the word forex.I don't know why? but they keep on asking silly questions about forex.
  My dear friends, I ensure you that forex or foreign exchange is

What Is Foreign Currency Exchange?

Foreign currency exchange is nothing but the exchange of one currency by paying for it in terms of some other currency. The currency which do not belong to your own country can be said to be a foreign currency. But if we talk about foreign currency trading,