But when each trade involves millions of pounds even a slight variation in a currency's value means many thousands of pounds profit or loss. Such trades can happen almost within the blink of an eye.
There's a lot of money to be made - you could be looking at a six-figure salary
David WhiteAll the big banks are involved in the foreign exchange markets, and for traders there are personal fortunes to be earned.
The game was developed as a training tool for new recruits going into the Forex markets, but Mr White thinks that by letting everyone loose on it, it can help as recruiting tool.
Trading of this sort, he says, is half-learned, half natural talent. The banks are constantly struggling to attract the best candidates.
"One of the things that banks are crying out for is quality graduates, and it is only graduates now. Most banks go to great lengths to find the right people but the one thing you can't determine is can they put all the theory into practice."
The game, however, which has a £5 registration fee (£3 for students), has the potential to reach a vast audience and, by ranking all players it automatically sorts the wheat from the chaff.
Feel the excitement brewing...So how hard is it?
"I don't think it's that difficult to be a good foreign exchange trader. It's relatively easy to make a couple of hundred thousand in a few weeks," says Mr White, of the game's fictional "Monopoly money".
"When it becomes real money it's more of a skill. That's when you have to show nerve as well."
Most of us are "naïve" about the foreign exchange markets, says Mr White. The game, he thinks, will encourage ordinary folk to ask questions and find out the sort of factors that strengthen and weaken currencies. If nothing else, it could earn them a few extra pounds of real money before they go on holiday.
For the top ranking graduate players however, the rewards promise to be far richer.
"There's a lot of money to be made in this business. You could be looking at a six-figure salary."
There's a lot of money to be made - you could be looking at a six-figure salary
David WhiteAll the big banks are involved in the foreign exchange markets, and for traders there are personal fortunes to be earned.
The game was developed as a training tool for new recruits going into the Forex markets, but Mr White thinks that by letting everyone loose on it, it can help as recruiting tool.
Trading of this sort, he says, is half-learned, half natural talent. The banks are constantly struggling to attract the best candidates.
"One of the things that banks are crying out for is quality graduates, and it is only graduates now. Most banks go to great lengths to find the right people but the one thing you can't determine is can they put all the theory into practice."
The game, however, which has a £5 registration fee (£3 for students), has the potential to reach a vast audience and, by ranking all players it automatically sorts the wheat from the chaff.
Feel the excitement brewing...So how hard is it?
"I don't think it's that difficult to be a good foreign exchange trader. It's relatively easy to make a couple of hundred thousand in a few weeks," says Mr White, of the game's fictional "Monopoly money".
"When it becomes real money it's more of a skill. That's when you have to show nerve as well."
Most of us are "naïve" about the foreign exchange markets, says Mr White. The game, he thinks, will encourage ordinary folk to ask questions and find out the sort of factors that strengthen and weaken currencies. If nothing else, it could earn them a few extra pounds of real money before they go on holiday.
For the top ranking graduate players however, the rewards promise to be far richer.
"There's a lot of money to be made in this business. You could be looking at a six-figure salary."
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