The daily ‘turnover’ of trade volume, speaking in U.S. dollars, is of the order of trillions. The main actors involved in these businesses are: banks governments of other speculators, financial markets and institutions (eg, brokers) Now one of the first things you must understand is that these institutions are not all on an equal footing with each other.

Unlike the stock markets, the Forex market is divided into restricted levels of access. In other words, all traders have equal access to the same price. The price of supply and demand price (also known as “spread”) between currencies is in part determined by the size and volume of trade. The more money commercial entity may place on the line, the better the “spread.” As you can assume, the world central banking institutions (the “inter-bank market) are at the top of the step. They were followed next by governments and major financial institutions or corporations. A type ‘Top 10′ list of foreign exchange volume: Deutsche Bank - 19.30% UBS AG - Citi 14.85% - 9.00% Royal Bank of Scotland - 8.90% Barclays Capital - 8.80% Bank of America - HSBC 5 29% - 4.36% Goldman Sachs - 4. JPMorgan 14% - 3.33% Morgan Stanley - 2.86% These are the gorillas livre’800 ‘foreign exchange market. They turn serious profits on the same razor-thin margins due to the amount of currency they can move on a single trade.

How individuals are traders on the Forex market?
The short answer to this question is this: they do not. Not their own. Individual operators like you and me are known as “retail”, and must go through brokers to retail buying and selling currencies on the foreign exchange market. You should know in advance that retail online by individuals (represented by brokers online retail) is still in its infancy. Before the Internet, and availability in real-time market data, it is virtually impossible for the average person to get involved in the exchange market with any degree of success. Today, however, buy and sell foreign currencies at the click of a button, the same way you buy and sell stocks. Everything was automated and electronically connected.

In the interest of full disclosure, you should also know that the Forex trader is not as easy as trading stocks on the Exchange. There are many, many variables to consider when determining the fluctuations in currency values. There are a lot of jargon to learn, and a fair share of concepts that must be mastered. Unfortunately, there are unscrupulous companies that take advantage of this “learning curve”, and attempted fraud would be retail. Forex opportunity crooks are still in force - some estimates, the number as high as 90%. Therefore, it is imperative that you learn the basics of Forex before you participate in any ‘advanced’ training courses, trading systems or online brokers! Even if a crash course on Forex is beyond the scope of this report, you will learn the basics here. I can not make you an expert, but I can give you the knowledge you need to make an informed decision on whether to get involved - and if the retail dealer you’re dealing with is on the rise and more.





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