Among the main participants in the forex market are usually distinguished:
Commercial banks. These are the main participants of the Forex, on the banks of the bulk of foreign exchange transactions. In addition, other actors keep their foreign exchange market trading assets in banks. Because banks may carry out foreign exchange transactions on behalf of clients or trade equity. In the end, all market transactions in currency trading are reduced to the interbank exchange. The biggest impact on the market have a large international banks, the daily volume of trading reached a billion dollars, because the operation of these banks can significantly affect the market.
Firms engaged in international trade. These subjects Forex market need to buy or sell a currency because of its activity. They usually own the foreign exchange market does not work, its foreign exchange transactions, such firms charge banks.
International investment funds. These organizations accumulate funds for future investment. They are pursuing a policy of diversified asset management, investing not only in currency trading on Forex, but also in equities or government bonds. At the trader slang they are called "foundations."
Currency Exchange. For corporate clients in many countries much more profitable to buy foreign currency forex is not, and the national currency exchanges. Such exchanges favorably with those of their compactness, they also use the government to regulate the exchange rate.
Dealing centers. These organizations provide forex services to trade with leverage over the Internet. Very often, dealing centers offer training courses on trading the forex market and publish free of charge on analysts' forecasts of price movements.
Individuals. They carry mostly non-commercial operations with currency translation in the form of salaries and pensions, or purchase foreign currency for personal purposes. The share of these entities in the Forex is very small. However, since the 80s when it became possible margin trading, there was a lot of professional traders individuals. A widespread Internet access has made the number even higher. Now everyone can start to invest in foreign exchange operations. All transactions are made of individuals through a system of online trading.
Central Banks (CB). Use the Forex market for the monetary policy of the country, the impact of the Central Bank of the "Big Seven" is very important.
Commercial banks. These are the main participants of the Forex, on the banks of the bulk of foreign exchange transactions. In addition, other actors keep their foreign exchange market trading assets in banks. Because banks may carry out foreign exchange transactions on behalf of clients or trade equity. In the end, all market transactions in currency trading are reduced to the interbank exchange. The biggest impact on the market have a large international banks, the daily volume of trading reached a billion dollars, because the operation of these banks can significantly affect the market.
Firms engaged in international trade. These subjects Forex market need to buy or sell a currency because of its activity. They usually own the foreign exchange market does not work, its foreign exchange transactions, such firms charge banks.
International investment funds. These organizations accumulate funds for future investment. They are pursuing a policy of diversified asset management, investing not only in currency trading on Forex, but also in equities or government bonds. At the trader slang they are called "foundations."
Currency Exchange. For corporate clients in many countries much more profitable to buy foreign currency forex is not, and the national currency exchanges. Such exchanges favorably with those of their compactness, they also use the government to regulate the exchange rate.
Dealing centers. These organizations provide forex services to trade with leverage over the Internet. Very often, dealing centers offer training courses on trading the forex market and publish free of charge on analysts' forecasts of price movements.
Individuals. They carry mostly non-commercial operations with currency translation in the form of salaries and pensions, or purchase foreign currency for personal purposes. The share of these entities in the Forex is very small. However, since the 80s when it became possible margin trading, there was a lot of professional traders individuals. A widespread Internet access has made the number even higher. Now everyone can start to invest in foreign exchange operations. All transactions are made of individuals through a system of online trading.
Central Banks (CB). Use the Forex market for the monetary policy of the country, the impact of the Central Bank of the "Big Seven" is very important.