As the new comer in the Forex Trading, is important to know that no one or bank even the biggest and branded ones can control all the trading activities in the Forex Market. The currencies that are traded come from almost all countries in the world. The currencies that are commonly being traded in the Forex Market are US Dollar, Euro, Yen, Poundsterling, Franc and still many others. Big and major Forex Market in the world located in Tokyo, New York and London. How about other countries, do they have and held Forex Market also, absolutely yes but with a small level and currencies amount that being traded everyday.
The question now is how to deal in the Forex trading? Can investors do it individually? Would be better if investors meet and have a consultation session with big brokerage firms or financial advisor who will provide a brief for investors before entering the Forex Market Trading so that investors will understands what are their best interests. It is possible for common people to actively get involved in the Forex Market by themselves, but they must know that get involved in the Forex Market is not just buy and leave, need special time to study, analize and learn in detail how is the market trend, how is the movement of the market, how to get the intuition and decide to put and invest the money to gain profit.
International banks known as the biggest users of trading activities in the Forex Market, due to trading transactions done by those banks every day are amounted millions of dollars. The main goal of trading transactions held by banks in the Forex Market is to earn interest as one of their methods to invests the savings money of the banks.
New investors or new forex trader in the Forex Market must know that Forex Trading using foreign currency will create a trading market in where millions of amounts being traded everyday. Actually, Forex Market is similar with Stock Market, inside the market there are investors buying and selling currencies, it just that the scope of the Forex Market trading much bigger than the stock Market.