RETAIL TRADERS

Any individual traders like you and I are known as “retail traders” and must go through retail brokerage firms in order to buy and sell currencies on the foreign exchange market.Today,however, you can buy and sell currencies at the click of the button,in much the same way as you buy and sell stocks.Everything is automated and linked up electronically.The main objective of this blog is to guide retail investors in aspects of how to select a broker, currencies, and complete money management.Some companies now charge minimal fees and offer leverage as high as 100:1,which means that you can earn a profit of $100,000 worth of trading, even if you have only $1000 to trade. Retail forex brokers or market makers will work on behalf of the retail clients only handle a tiny fraction of forex market. One retail broker estmates the total retail volume at $25-50 billion daily,which approximately 2% of the whole market.