The global currency trading market is on an upswing. There is tremendous growth. In the end of 2012, global daily trade in foreign currency rose to USD 4.7 trillion. This is more than 12 times the average daily turnover of the global equity markets. There was a volume decline trend in other asset classes like stocks and bonds over the past two years. currency trade clocked a strong growth in 2011. However, in the third quarter of 2012 it showed a decline. In the last quarter of 2012, global currency trade staged a strong comeback to end the year almost at par with 2011. Global currency has now been widely accepted as a legitimate asset class. UBS AG estimates the daily all currency trade will top USD 10 trillion by 2020.Forex currency is an intermediary led market. The top participants in the global currency market are commercial and investment banks, hedge funds, central banks, corporate players, traders and speculators. important currency trading is an old phenomenon. For 100 years till the 1970s the fate of most currencies was tied to gold. Speculation of global currency in an open market started in the end of 1970s. In the current market, trading in foreign currencies by speculators usually takes place through a dealer, who provides the trading platform to transact. Such trades occur in currency pairs, such as USD/EUR (United States Dollars/Euro). Global currency trade always involves currency pairs. One is sold and the other bought.Intermediaries have an important role to play in the best currency market. They are agents who facilitate trading between dealers and individuals. But intermediaries themselves do not play a role in the trading. They have a network of communication channels with all stakeholders. This real time communication helps intermediaries to be online with the market movements and sentiments. In the end intermediaries collect a commission. The advent of the internet has impacted the global currency market. The different partners in the currency trading chain are now open to being evaluated for their services. There are plenty of online forums available now to give customers enough input to make a correct choice. It is important to understand that currency market is a risky market with chances of huge gains and losses. Most participants will do proper due diligence before choosing an intermediary. There are enough options available to them now. Smart intermediaries believe in a win – win relationship with their clients.