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People probably don’t think about it, but Forex is arguably the oldest financial exchange instrument.

It has a lot of firsts to its credit, as a consequence. Foreign exchange has been constantly evolving and finding new ways to incorporate people in the market. That’s partly why it is the largest financial market in the world.

Forex had a pretty basic origin and predates written records when traveling merchants traded the coins of ancient city-states.

The key theme, even then, was the ease of access for anyone willing to make the investment to get into the market.

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Going Digital

Now, of course, we can’t talk about “online” trading until there is the internet. But, in a certain sense, Forex was part of the birth of the internet – or, at least, the precursor to the internet that we know today.

Even as far back as the 19th century, banks were communicating with their peers overseas ...

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