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ForexBasic is the forum for currency traders - lots of free trading systems and tutorials and an active forum for people trading the forex markets.
 
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Tutorial F o r e x O n l i n e T r a d i n g

What is Forex trading?
Forex (Foreign Exchange market) is an inter-bank market that took shape in 1971 when global trade shifted from fixed exchange rates to floating ones. This is a set of transactions among forex market agents involving exchange of specified sums of money in a currency unit of any given nation for currency of another nation at an agreed rate as of any specified date. During exchange, the exchange rate of one currency to another currency is determined simply: by supply and demand – exchange to which both parties agree.

 

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