Participants of Forex

In the online Forex trading currency market involved the following parties: the central banks, commercial banks, dealers and brokers. Each specializes in a certain volume of transactions on the Forex. The largest amount are the central banks of countries (about U.S. 100000000 dollars / day). Commercial banks and dealers trading volume is lower and the turnover amounts to brokers 25 to 50 million dollars a day.

Central banks. In the management of cash flows are guided by the legislation. Run the following role: to issue money, spend money and monetary policy, etc.

Commercial banks. Borrowing and lending institutions that accept deposits of both natural and legal persons, managed by these contributions at its discretion, return them to the owner with a certain percentage, make it possible to open a bank account.

Brokers. Brokers called mediators, which can be both physical and legal persons who help to make a deal on the currency market Forex. A broker is a link between the seller of goods (in this case the currency) and the buyer and works on behalf of the customer.

Dealers. Individuals or businesses that operate in the market for their money and on his behalf.