Thinking about getting involved in the forex markets? You should know you are sending money to be invested in other countries. This is done to prop up the investments of people involved in certain types of hedge funds, and in the markets overseas.
How do the fx trading markets invest your money? Well, your money could be invested in one market one day, and another country the next. The daily trading changes are determined by your broker or financial institution. When reading your statements and learning more about your account, you will find that every type of currency has three letters that will represent that currency.
Don't believe the hype about forex trading.