Forex traders can be both speculators for investment banks and retail Forex traders working at home trading the Forex market. Retail Forex traders account for around 2% of all Forex transactions – a segment of the market which has seen massive growth in recent times.

Central banks, commercial companies, hedge funds and speculators, investment funds, private equity managed funds and retail traders combine to make up this global market. Forex traders are based in many countries around the world.