Who Controls the Forex Market? The Truth Every Trader Should Know
When I first started learning about forex, one question kept running through my mind: “Who is actually in control of this massive market?” It’s a valid question. With over $6 trillion traded daily, the forex market is the largest financial market in the world — bigger than the stock market, crypto market, and even gold. So, if you’ve ever wondered who really controls the forex market, you’re in the right place. In this post, I’ll break it down in a simple and relatable way. No complicated financial jargon — just real talk. --- 🌍 First Things First: What Is the Forex Market? The forex (foreign exchange) market is where currencies are bought and sold. Unlike the stock market, there’s no central exchange or physical location. It’s completely decentralized, meaning trading happens directly between participants all over the world, 24 hours a day. But if there’s no central body, then who’s running the show? Let’s dig into it. --- 🧠 So, Who Controls the Forex Market? Here’s the ...