Question: What's "Interbank Market" consisted of? Who creates the Forex market mainly?
The Forex market is called an Interbank market due to the fact that historically it has been dominated by banks, including central banks, commercial banks, and investment banks.
So the main figures who are creating the Forex market are the above entities.
FXOpen, a Forex broker gives its traders access to the “Interbank market” where currency prices are floating and trillions of money are traded every day.
Besides some of these Mega-Banks, individual traders don’t consist of much percentage of the market, but the percentage of other market participants is rapidly growing due to the popularity and availability afforded by internet trading.
Now there are many entities participating the Forex market.
The scale of Forex market is growing continuously.
FXOpen gives you the access to the market
While the largest financial market, Foreign Exchange is mainly consisted of large entities, individual investors can also take a part by using the services of ‘Brokerage Firms’.
Such as FXOpen is an online Forex and CFD broker, which you can invest in hundreds of markets (Forex, CFDs, Metals, Stocks, Cryptocurrencies etc) by registering online.
You can find more information about FXOpen in the Official Website.