Friday 25 January 2013

Who Trades Forex?


From money exchangers, to banks, to hedge fund managers, to local Joes like your Uncle Pete - everybody participates in the forex market!
Lessons on Who Trades Forex?
Because there is no centralized market, tight competition between banks normally leads to having the best prices! Boo yeah!
2.    Market Players
The market is basically comprised of four different groups. Find out which group do you belong in!
If it wasn't for the Bretton Woods System (and the great Al Gore), there would be no retail forex trading! Time to brush up on your history!