There are many websites providing online forex trading services to clients from around the globe, including fund managers, individual traders and other FX market participants. They provide a platform for individuals who wants to speculate on the exchange rate between two currencies. In doing so, traders buy and sell currencies with the hope of making a profit when the value of the currencies changes in their favor.

While online equities and futures trading have enjoyed exponential growth and widespread notoriety over the past few years, online forex trading is only now gaining popularity among seasoned active traders, commodity trading advisors (CTAs), and other professional money managers.

Until recently, large international banks dominated the world of currency trading, only allowing market access via telephone to a select few such as Fortune 1000 companies, large funds, high–net worth individuals, and so on. But now, this tide that dominated currency trading has turned and finally there are established online forex trading firms that provide individual investors with direct access to the forex market - the largest, most liquid financial market in the world.