Forex is an international off-exchange market, the major members of which are the world’s largest banks. Daily turnover in Forex is more than 3 trillion dollars. The name “forex” comes from the phrase “FOReign EXchange”, meaning the international currency exchange. The main difference between online trading and other international financial markets is the absence of a specific location of trades. To carry out currency transactions in Online Trading, they use a global information network linking millions of traders around the world.