The foreign exchange market is one of the most exciting, fast-paced
markets around. Until recently, forex trading in the currency market had been the domain of large
financial institutions, corporations, central banks, hedge funds and extremely wealthy individuals.
The emergence of the internet has changed all of this, and now it is possible for average investors to
buy and sell currencies easily with the click of a mouse through online brokerage accounts.
Daily currency fluctuations are usually very small. Most currency pairs
move less than one cent per day, representing a less than 1% change in the value of the currency. This
makes foreign exchange one of the least volatile financial markets around.