how does the forex market differ from other markets 
the forex is a decentralized market it has no physical existence and no owner or management there are no clearing houses or central bodies to oversee the forex that means traders aren t held to strict standards or regulations as are seen in the stock futures or options markets it also means there are fewer fees and commissions to pay the bottom linethe forex or fx is the global marketplace for the exchange of currencies as such it determines the value of one currency against another in the real world forex prices determine the amount of money a traveler gets when exchanging one currency for another forex prices also influence global trade as companies buying or selling across borders must take currency fluctuations into account when determining their costs inevitably the forex has an impact on consumer prices as global exchange rates increase or lower the prices of imported components 