The Forex market lacks both a physical location as well as a central exchange. The Forex is referred to as an Over-the-Counter (OTC) or 'Interbank' market, which means that the entire market consists of a network of banks.

Through this interbank network, currencies are traded continuously over a 24-hour period. While the network often relied upon telephone communications, it is now largely handled electronically.

Until the late 1990’s, only the large banks and financial institutions could access these markets, while the individual retail trader was excluded from participating. The original intent was that Forex was to only be used by bankers and those large institutions. Increased access to the Internet set the stage for online Forex trading firms to open their doors and begin making trading accounts available to 'retail' traders.

Today, other than your trading capital, what you need to start trading in the foreign currency market is simply a computer, a high-speed Internet connection, and the information available through this site.

We will introduce all of the essential basic aspects of foreign exchange and then prepare you to take the next step toward trading the currency market in a professional and profitable manner.