The Main Players in the Forex Market
Before the late nineties, only the most elite could be in this trading market, and by the most elite we mean the people with the most money. With the initial requirement of 10-50 million dollars in order to start trading, if you were the average middle class person, you weren't anywhere near the qualifications to trade.
Luckily, with the ever increasing rise of the internet, forex brokers are able to provide trading accounts to regular traders like us.
The Big Banks
The forex market is decentralized, meaning that the biggest banks in the world are the ones who decide on exchange rates. They are also generally in charge of the bid/ask spread, whether we like or dislike the outcome.
Another term for these big banks as a collective is the "interbank market". The amount of...
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How We Can Help
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