Forex Trading is rapidly gaining popularilty and Forex is the largest financial market in the world today. It has an estimated of more than $1.5 Trillion in turnover every day. This tremendous turnover is more than the combined turnover of the New York and London Stock Exchange on any given day. The forex plays a vital role in the global economy and there will always be a tremendous need for the Forex. It is simply an Exchange where the currency or money of one country is exchanged for another. As long as there is international trade , there will be Forex. It has to exist so a country like Japan can sell goods in the United States and be able to receive Japanese Yen in exchange for US Dollars. Forex trading needs no further elaboration here. Important thing to note is that when forex was deregulated in 1997 , independent forex traders like you and me , finally had access to the biggest trading market of the world !