Who dominated Forex

Large banks and financial institutions is dominating Forex Trading, to the extent of about 95 percent of FX trading around $ 3 billion. The rest is from individual operators. There were some valid reasons for the lack of individual players in the forex market, unlike the stock market. The lack of education, a good trading facilitation, a regulated forex market and the lack of security are among the main factors responsible for this. Another reason for the absence of small traders in forex exchange market was a relatively larger amount of money to get started. The perception is that one needs a considerable sum of money to launch the exchange trading.

The atmosphere forex international trade has undergone a huge change in a few years earlier. There is more free educational material available online, many websites providing free forex training and there was a degree of regulation in the United States for the protection of small forex traders, most trading platforms and software have become available.

A significant change was the introduction of mini forex trading. Individual players have had a great impetus to this new tool. Small businesses can now open the so-called mini accounts with a minimum of $ 50 - $ 100 and start playing the forex market. With mini forex trading, forex market is no longer a monopoly of large banks, multinational corporations and financial institutions. The number of individual players is steadily increasing. We can expect that in future this number will rise.