What is the basic function of forex market? Forex market facilitates foreign currency exchanges. Though definition seems to be very simple but forex market consists of various activities like stock issuance, multinational investment, foreign trades, etc. The basics of forex markets are its virtual, over the counter trading natures and 24/7 trading. But no matter whether you are trader or investor, you always should work with regulated platform. I am working with a regulate broker AAFX.