The foreign currency trading market is the trading of one currency against another. Most of the major pairs include the US dollar (USD). The main players are the British pound (GBP), the Euro (EUR), the Japanese Yen (JPY), the Swiss franc (CHF), plus the Australian, New Zealand and Canadian dollars (AUD, NZD, and CAD).

Currencies fluctuate because of economic and political reasons, even the interest rates of different countries. They can also be affected by supply and demand of the currency itself. Currencies function as commodities; they can be bought and sold. People do it on a small scale whenever they are planning for a trip to another country. Banks have been doing it for years as a means to make money on the differences between forex trading.

Recently the market has become available to the average trader, to trade on a level playing field with the banks and large traders. The Internet is largely responsible for access to such a lucrative market. The market has become virtually transparent. The fees for forex trading are basically non-existent and anyone can open a trading account with a few hundred dollars.

And there is money to be made. This is not easy money. There are skills to be learned. A bit of luck doesn