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Forex Market Participants

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  • Forex Market Participants

    Hello,

    Until the end of 1990s, only big financial institutions like commercial and investment banks could trade forex. The minimum initial deposit was about 10 million! Today, because of the rise of the internet, online forex brokers are able to offer forex trading accounts to retail traders like us. Minimum initial deposit with some forex brokers is as little as $1!
    But forex market is still dominated by the "big guys":Forex is decentralized, OTC market. Large banks like Bank of America, Goldman Sachs, Barclays Capital, Deutsche Bank, and Citigroup are the market makers. Generally they are the ones that make the bid/ask spread and take on enormous amount of forex transactions for their clients.

    For More Details:-
    Construction Service marketing example

    Thanks
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