Can you trust forex traders?
The Forex market is a legitimate trading market where the world’s currencies are traded. It is not a scam in itself. … The Forex market is a ‘zero sum’ market, which means that for the trader to make a profit, another trader will need to make a loss, the Forex market does not itself add value to the market.
Who really controls the forex market?
Governments and Central Banks Just like companies, national governments participate in the forex market for their operations, international trade payments, and handling their foreign exchange reserves. Meanwhile, central banks affect the forex market when they adjust interest rates to control inflation.