FOREX (Foreign Exchange Market) - Global foreign exchange market to exchange a certain amount of currency of one country to another currency at an agreed rate at a specified date. Forex does not have any specific place of trade. This is a huge network of interconnected via telecommunications currency dealers focused on all the world's leading financial centers around the clock and working as a single mechanism. Major participants in the foreign exchange market are:

• commercial banks,
• Currency Exchange,
• central banks,
• firms engaged in foreign trade operations,
• investment funds,
• brokerage companies,
• private individuals.

The major currencies, which accounted for the bulk of all perazim market forex, is today the U.S. dollar (USD), euro (EUR), Japanese Yen (JPY), Swiss Franc (CHF) and British Pound Sterling (GBP).

The daily volume of conversion operations in the world is about 2 rillionov U.S. dollars. At the London market accounted for about 30% of the turnover, the share of the U.S. market - 20%, Germany - 10%. Transactions involving the U.S. dollar accounted for 70%. The share of electronic brokers now account for 15% of the market FOREX. Daily transaction volume of the largest international banks (Deutsche Bank, Barclays Bank, Union Bank of Switzerland, CityBank, Chase Manhattan Bank, Standard Chartered Bank) reaches billions of dollars. Operations-type spot (spot), or the ongoing conversion operations, called the sale of currency, the actual performance (value), which runs on the second working day after the date of the transaction. Typical volumes of transactions in interbank trade of 10 million dollars, but the system marzhevoy trade, market entry and accessible to persons with a small capital. Brokers providing services marzhevoy trade, require the security deposit and allow the client to perform operations of sale of exchange amounts to 100 times greater than the deposit made. The risk of loss rests with the client, the deposit serves as security, insurance broker. International currency market has deep-rooted old. He goes back to thousands of years BC, when Egypt's first coinage. Sami currency exchange operations in their present sense began to develop in the Middle Ages. This was associated with the development of international trade and navigation. The first valyutchikami considered Italian menyaly that earned on the exchange of currencies of different countries. With the development of interstate relations market for currency exchange operations evolve, getting more and more shape. The most significant change in the currency market have been made in the twentieth century. Finding the market today feature started in 70 of the 20 th century, when it was lifted system of fixed rates of one currency against another. After the lifting of restrictions on fluctuations in currencies, there's a new kind of business, which is based on a profit in a free system of exchange. This change of course caused all kinds of market conditions and is regulated only by demand and supply.