Author - Jay Moncliff  
 Access to foreign exchange (forex), the most extensive market on the  planet, is generally through an intermediary known as a forex broker.  Similar to a stock broker, these agents can also provide advice on forex  trading strategies. This advice to clients often extends to technical  analysis and research approaches designed to improve client forex  trading performance.   
 Financial institutions are generally the most influential in the  forex market through high-volume, large-value forex currency  transactions. Historically, banks enjoyed monopolistic access to the  forex markets, but through the Internet, any forex speculator can also  enjoy 24 hour access to the market via a forex broker.   
 Secure web connections today allow many forex traders to work  from home, where ready access to news and other technical advice informs  decisions on what forex positions to take. Similar moves are being made  by stock brokers, who are also moving out of banks and other  traditional institutions.   
 Your needs in the market will influence your choice of forex  broker. Online forex brokerage firms, known as houses, provide those new  to the forex market with detailed research, advice and simulators to  learn how to use their forex trading tools. The experienced online forex  trader is catered to by other broking houses, with in-depth advice, but  less focus on forex trading instruction based on the assumption that  you are familiar with the forex market. To make an informed choice, it  is advisable to trial several differing online forex broking houses and  their trading tools to find the best fit for your needs.   
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