Currency Exchange, A High Return Investment

So you have achieved your savings goal and now have a few thousand dollars to play with. Where do you go from here?
The currency exchange market is an excellent way to turn your few thousand dollars into many thousands of dollars.
The foreign exchange market (forex, FX, or currency market) is a global, worldwide-decentralised financial market for trading currencies. Financial centres around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies.

The foreign exchange market is different from stock markets for a number of main reasons.

its huge trading volume representing the largest asset class in the world leading to high liquidity

its geographical dispersion;

its continuous operation: 24 hours a day except weekends, i.e. trading from 20:15 GMT on Sunday until 22:00 GMT Friday;

the variety of factors that affect exchange rates;

the low margins of relative profit compared with other markets of fixed income; and

the use of leverage to enhance profit and loss margins and with respect to account size.

As such, it has been referred to as the market closest to the ideal of perfect competition, notwithstanding currency intervention by central banks. According to the Bank for International Settlements, as of April 2010, average daily turnover in global foreign exchange markets is estimated at $3.98 trillion, a growth of approximately 20% over the $3.21 trillion daily volume as of April 2007. Some firms specialising on foreign exchange market had put the average daily turnover in excess of US$4 trillion.

The record for the highest profit achieved through currency exchange was George Soros who made $1billion in one day.

There are a number of ways in which you can go about dealing currencies. The most popular of which and my recommendation is Forex.com. They offer a lot of information and resources as well as giving you predicted market movements which really takes the effort out of currency exchanging.
Although there are many other institutions which offer very similar packages, you may find that one will suit you better.

Remember be cautious, take your time and do your research. Despite Forex having already done all of your research it can help to do your own. Remember there is always an element of risk with this and don't think just because George made $1billion in one day you will.
For your convenience I have found a great video on youtube which will give you an introduction to Forex.com if you are interested in what we have been talking about today I would recommend you watching it.