There are a few essential differences among forex and different markets. to start with, over the counterre are fewer guidelines, which means that traders aren't held to as strict requirements or guidelines as over-the-counter ones over-the-counter stock, futures or alternatives markets. which means over the counterre aren't any clearing houses and no valuable bodies that oversee over-the-counter foreign exchange market. 2nd, on overover the counter trades don't take region on a conventional change, you may not find over-the-counter same charges or commissions that you might on over-the-counterr marketplace. next, over-the-counterre's no reduce-off as to when you may and can't exchange. due to overover the counter over the counter market is open 24 hours a day, you could alternate at any time of day. finally, because it's any such liquid marketplace, you may get in and out every time you want and you may purchase as an awful lot foreign money as you can have enough money.The foreign exchange market (forex, FX, or foreign money market) is a international decentralized  marketplace for over the counter trading of currencies.