If you have travelled abroad and exchanged money, that was you participating in the forex market. How much you received for your base currency would have depended on the exchange rate; and as we know, this fluctuates. Forex trading is basically taking advantage of this, buying and selling as the rates move. The difference being with your holiday money, you don't have to go to a post office or broker direct, you can do it online from your laptop, phone or tablet from the comfort of your own home, or anywhere in the world.

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Watch the video for a more detailed explanation. If you are intrigued and would like to find out more, head over to my youtube channel to watch the forex basics series and make sure to take advantage of the free resources available on this website when you sign up (STEPS TO SUCCESS)