The foreign exchange (forex) market is divided into two main categories: institutional and retail.
Institutional traders include large banks, hedge funds, and other financial institutions that trade in large volumes and have access to significant resources and technology. Retail traders, on the other hand, are individual investors who trade smaller volumes and typically use online platforms to access the market.
The main difference between the two is the amount of capital and resources available to each group. Institutional traders have access to more information and technology, and are able to trade in larger volumes and at better prices than retail traders.
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