The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. It is developed on the basis of online and as a result people from different corners of the world can trade here.It includes all aspects of buying, selling and exchanging currencies at current or determined prices. The market is represented by different brokers and that’s why I selected Trade12 as an highly regulated ECN broker. The broker ensures high security of funding to the traders using several regulated bank accounts and maintain third party to supervise all accounts.