Brokers and banks:who depends on the other

[forexman]

i think inorder to trade for banks in forex they need a broker,broker is one who opens and closes a position on traders request

[mayengbam]

well friends, its the brokers who are depending on banks for forex speculation. The national banks are the ones who does the real trading and we are just speculating on the price fixed by these banks, based on demand and supply, to make profits. The brokers quote the price fixed by these banks to operate their business.

These big banks intervene quite often in forex speculation to increase or decrease their currency values and the market may entirely change course sometimes due to the intervention.

[anna_quen]

Now some one told me that bankers are the main role in forex trading that they play the forex with brokers

[anna_quen]

Hi forum members we all know banks are also into Forex . Now my question is does bank open account with brokers to trade Forex or they can do that on their own or does brokers depend on banks and do brokers also trade. Please give answers you're sure about. Thanks

in my view banker have accounts with forex and they also trade with forex,
and thy both depends on each other

[hima]

Hi forum members we all know banks are also into Forex . Now my question is does bank open account with brokers to trade Forex or they can do that on their own or does brokers depend on banks and do brokers also trade. Please give answers you're sure about. Thanks