Members of the Forex market

3. Members of the Forex market

Commercial banks, Central banks, Investment funds, financial institutions and individual Forex traders – each member is interested in buying at lower price and selling at a higher price. Each member has his own function in the forex market.
Central banks are responsible for the monetary policies, such as effecting currency intervention, change of the discount rates and reservation standards. Other market participants rapidly react to such measures and therefore influence the currency rates. Commercial banks provide liquidity for their own funds and execute clients’ orders. Brokerage companies allow individual traders to effect operations in the currency, stock and commodities markets. Why Brokers are needed Traders receive the economic news, datafeeds and other valuable forex market information from the news agencies, such as Dow Jones, Reuters, Bloomberg and others in real time and make decisions regarding buying or selling currency. Today the individual trader can receive all this information from the forex broker. The broker provides the trader with the necessary software, the dealing platform, where the trader can make orders in real
time, see the trading results on his/her account, use indicators, graphs and many other tools in order to succeed in the forex market. Brokers provide leverage trading for their customers, which allows them to trade larger positions then the value of the initial deposit.
Forex-Metal provides its customers with state-of–the-art Meta Trader 4 platform, live market datafeeds, low margins, various deposit and withdrawal options and great sign-up bonuses.