Forex Bank AB is a Swedish financial services company. The company was started in 1927 as a currency exchange service for travellers, at the Central Station in Stockholm. The owner of Gyllenspet's Barber Shop, according to the legend, discovered that most of his customers were tourists in need of currency for their trips. The owner began keeping the major currencies on hand.Sponsor Links RISKY YOU SAY? Is forex risky business? Comparing trading the forex to other forms of trading, you will find that from a risk/reward standpoint, forex trading provides respectable returns. THE STRAIGHT SKINNY ON THE “FX” OR FOREX MARKET The currency (foreign exchange) market is the largest and oldest financial market in the world. It is also called the foreign exchange market, or "FOREX" or "FXDownload" market for short. It is the biggest and most liquid market in the world, and it is traded mainly through the 24 hour a-day inter-bank currency market - the primary market for currencies. The forex market is a cash (or "spot") inter-bank market.