which country trades forex the most

Etedus12

Sergeant
Messages
163
This is very interesting topic. I was trying to find some good research on that but I’m afraid that there are none of them available. I’m wondering how forex is treated globally. In which countries is it more popular? I think this correlation would help to choose some exotic pair to start trading.
 

7Bulletin

Corporal
Messages
107
I may say that are developed countries. First of all, forex isn't only about individual trading, but most of deals and currency are provided by huge banks, and Central banks. So the most active on forex market can be named the US, China, the United Kingdom and Eurozone (mainly France and German)
 

fxoday

Sergeant
Messages
160
Development of the latest technology I think help to make forex growth around the world, start from around 2000 since internet more popular, forex trading can easily access many people, in Asian also included many new traders they curious to learn forex and how to make money through forex
 

bigdolly

Sergeant Major
Messages
921
chine trades most in the world.
Yeah in terms of quantity I think Chinese traders prevail. But I also think that South Asia traders are the most active and successful. Africa tries to bridge this gap I've seen a lot of traders who try to learn the ropes.
 

RahmanSL

Major
Messages
2,536
Hello, I would like to know if forex trading is legal in India?

Hello, I would like to know if forex trading is legal in India? and is not what are the alternatives?
Thank You!
In our technological world, you should & can simply type that question & do a Google search for answers :cool:

What I instantly found:

"The Indian Rupee is the official currency and the legal tender of the country, and it is illegal for Indian citizens to transact in any other currencies while they are in India. ... In reality, SEBI Forex brokers are only allowed to offer INR based currency pair options for USD, EUR, GBP, and JPY. "

Of course there are other more in-depth sources to read.
 
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