When we talk about foreign exchange, no CEO sits in a chair somewhere.

The foreign exchange market is composed of multiple institutions and is known as the world’s largest and most liquid asset market.

However, its main participants are larger international banks (major banks), electronic brokerage services, financial centers (small and medium banks) around the world, retailers, hedge funds and retail traders.

The foreign exchange market is a decentralized market, which means that the entire business is conducted online, and there is no physical place where investors can buy and sell currencies.

Here is the latest FX Brokers Ranking.

Rank Forex Brokers Link
No 1 DerivDeriv
No 2 XMXM
No 3 FBSFBS