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How does the forex maret is different from other markets?

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answered May 5 by JacobC223

Currency trading does not take place on a regulated exchange. It is not controlled by any central governing body, there are no clearing houses  to guarantee the trades and there is no arbitration panel to adjudicate disputes.

 

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answered May 5 by Caniel

 All members trade with each other based on credit agreement. It can be said that the biggest market in the world depends on metaphorical handshake. 

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