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The retail forex trading industry is growing everyday with the advent of trading platforms and their ease of accessibility on the internet. Forex traders access the market indirectly either through a broker or a bank. There are two main types of retail forex brokers: brokers and dealers. Brokers work as an agent for the trader by trying to find ... In July 2020 estimates for seasonally adjusted index of retail trade show a monthly contraction, even though levels of total sales confirm recovery after steep falls due to Covid-19 outbreak. When compared with June 2020, value of sales decreased by 2.2%, while volume of retail trade dropped by 3.1% Retail sales rose 0.6% to $52.9 billion in July, led by higher sales at motor vehicle and parts dealers and gasoline stations. Core retail sales, which exclude these two subsectors, declined 1.2% on lower sales at building material and garden equipment and supplies dealers as well as at food and ... Retail Foreign Exchange Dealer (RFED) Registration. A retail foreign exchange dealer (RFED) is an entity that acts, or offers to act, as a counterparty to an off-exchange foreign currency transaction with a person who is not an eligible contract participant and the transaction is either: List of Top 25 The Best Forex Brokers in 2020 for buy sell major currency, Lets compare our fully regulated online trading company and platforms.
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