In the Foreign Exchange Market, there is no central place for exchanges. Instead, brokers and dealers directly interact with each other, in the online world of currency exchange. As a result, there a many ways you, the humble speculator, can participate in this amazing world of currency trading. And, if you choose to be a foreign exchange speculator from home, also known as a day trader, you will first need to choose a Forex brokerage. What is a Forex brokerage? Well, to put it simply, it is a place where an investor can deposit funds through a licensed foreign exchange broker, who then carries out the transaction on the party's behalf. Choosing the Forex brokerage that is best for you is a very important task. Each Forex brokerage is different. Some Forex brokerages offer low fees and low commissions, others offer more extensive attention and investment advice and as a result charge higher fees; some are very internet oriented, others are attuned to very specific markets. Most online Forex brokerages provide an interface that enables investors to place their own orders, and as a result the Forex broker charges a low fee for their service. There are a plethora of Forex brokerages to choose from. In the next passage we will review a number of companies and give our own personal reviews and recommendations.