Forex stands for ͚Foreign Exchange It is the process of buying and selling currencies. Participants include central Banks, currency speculators, organizations, governments, retail investors and international investors.
A commodity investment deals with specific, raw goods like Gold or Crude Oil, Cotton, Copper etc. This is different from stocks and related securities, which deal with corporate performance. The typical commodities trader deals with futures and options contracts and is involved in buying or selling raw materials for future delivery.
Forex is traded in currency pairs. You are effectively comparing one currency with another. For example, the EUR/USD at 1.15 shows how much one euro (EUR) is worth in us dollars (USD). Common currency pairs are the Euro/US Dollar (EUR/USD), US Dollar/Japanese Yen (USD/JPY) and British Pound/US Dollar (GBP/USD). You can buy and sell each currency.
The Commodity Market are operational from 5am –2am from Monday morning through Friday night.