The Forex market enjoys the position of being the largest trading industry in the world operating in all the continents with record breaking turnovers. The main attraction to it is the higher liquidity as compared to other types of existing financial markets. Traders who invest in the Forex markets have diverse portfolios and belong to all walks of life. These Forex traders are multiplying the trade traffic in volume. Regardless of economic position, individuals along with small and large enterprises and financial institutes like banks etc. are trading in this market. As the popularity of the Forex markets started to escalate, automated Forex programs started to be introduced and used by the traders.
