The business is described by its operators as one of the most liquid in the world with transactions valued at over five trillion dollars traded daily. But the activities of some dealers has made many skeptical about it and there are now calls for regulation.
Forex trading opportunities are immense and government is being advised to take advantage of it in youth employment creation.
The internet is increasingly being used for crime by young people and the forex dealers believe it should rather be utilised for more genuine money making uses like theirs.