Who is the founder of Forex trading?
The modern Forex market began to take shape in 1971 when the Bretton Woods system of fixed exchange rates was eliminated. This is generally credited to Richard Nixon. Various other agreements prevailed until 1973 when the developed world began to allow their currencies to float against each other freely. Trading in Forex was limited to large financial institutions, and the rise of the Internet in the 1990s and Forex trades began offering the ability to trade online.