What is retail forex brokers?

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Answer by Pinki Y
Retail forex brokers

There are two varieties of retail broker: brokers providing speculative trading and brokers providing bodily delivery i.e. the bought currency is delivered to a bank account.

Retail forex brokers or marketplace makers take care of a minute fraction of the complete volume of the foreign exchange market. In accordance to CNN, a single retail broker estimates retail volume at $ 25–50 billion daily, which is about two% of the entire industry. Retail traders (people) are a modest fraction of this industry and may possibly only participate indirectly via brokers or banking institutions, and might be subject to forex scams.

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