Retail forex platform

Retail forex trading is a segment of the vast foreign exchange market. It has been speculated that it represents 5 percent of the whole forex market which amounts to $50-100 billion in daily trading turnover. One thing is certain: The retail forex market is explosively growing and is increasingly becoming an powerful force in the broader FX marketplace. Due to the increasing tendency in the past years of the gradual shift from traditional intrabank 'paper' trading to the more advanced and accurate electronic trading, there has been spur in software development in this field. This change provided different types of trading platforms and tools intended for the use by banks, portfolio managers, retail brokers and retail traders.One of the most important tools required to perform a forex transaction is the trading platform providing retail traders and brokers with accurate currency quotes.