It’s an old cliché that sometimes you need money to make money, however when it comes to trading on the Forex market this is definitely true. What was once a trading market dominated almost exclusively by large investment banks has now become a popular way of making an extra or even primary income for anybody who’s willing to give it a try. In a nutshell, Forex trading is when you buy one country’s currency by selling the currency of another. Currently, the major currencies traded on the Forex market consist of the US Dollar, British Pound, Swiss Franc, Japanese yen, and the Euro. If you’ve never traded Forex before and are considering starting, it’s important to know what to expect. We’ve listed some helpful tips for successful Forex trading.