Forex trading software was first introduced in the year 1994 for Fibo Quantum Scalper trading via the Internet. In comparison to the dollar the value of Euro was more. So Euro was launched in 2002 and spread to 12 countries. Therefore, forex trading became easy for anyone have a personal computer with access to the Internet.
One needs to understand what this trading is all about. It deals with foreign exchange that is forex. It is also the principal economic center on foreign currencies handling business worth millions of dollars. Forex is an acronym for foreign exchange. This trading is a process where all the business works are done in the day itself. For example, it is like buying Euros and at the same time selling USD.
A very small percentage of people or agents having knowledge on forex trading with the help of forex trading software do this business sitting in their apartments using a notebook. High percentage of business dealings are carried out by big banks and establishments dealing with finance. A good amount of revenue is earned by the public. Based on the fundamental theory of forex trading one can earn huge profits. It is pertinent to note that forex trading is an activity involving high risk also. This trading is done generally through a broker.