How To Identify Scams in Forex Trading

With the huge money you can possibly earn in Forex trading, there is no doubt that a lot of scammers will try to trick you and get your money. The Forex market is known as the biggest financial market and the most liquid in the entire world. There are around $6.5 trillion trades happening every day, according to the 2019 Triennial Central Bank Survey. Trading Forex is undoubtedly legal. However, there are people who are prying on your profits. You need to have diligence in pointing out scams in the…

What Are The Major Market Players in Forex Trading

Who are the major players in the Forex market? If you really want to join the financial market, you need to be able to identify your competitors aside from using a reliable trading platform like MetaTrader 4. There are a lot of market participants. Below, you will know each of these categories and how they play in the Forex market. Investment and Commercial Banks First on the list are the main foundation of the Forex market – the commercial and investment banks. They are considered as the foundation of the…