Retail forex is forex that is traded through dealers, often by smaller or individual investors. These firms are also known by the term “retail aggregators.” Retail forex trading began to become popularised in the late 1990s with the emergence of internet-based financial trading. At that time, retail forex brokers and dealers went into business to allow smaller traders to get into markets that were previously limited to large-scale businesses and financial institutions.2) 

Retail forex is forex that is traded through dealers, often by smaller or individual investors. These firms are also known by the term “retail aggregators.” Retail forex trading began to become popularised in the late 1990s with the emergence of internet-based financial trading. At that time, retail forex brokers and dealers went into business to allow smaller traders to get into markets that were previously limited to large-scale businesses and financial institutions.2)
With the advent of the internet, many brokers have allowed their clients to access accounts and trade through electronic platforms and computer applications. A broker in the past was considered an individual member of a profession and often worked at a special agency known as a brokerage house (or simply a brokerage). Nowadays, the term “broker” is often used as shorthand for a brokerage.1)
Retail forex brokers typically allow traders to set up an account with a limited amount of assets and let them trade online through internet-based trading platforms. Most trading is done via the spot currency market, though some brokers deal in derivative products such as futures and options. Forex trading has been popularised among individual traders because brokers have offered them the chance to trade with margin accounts. These allow traders to effectively borrow capital to make a trade, and multiply the principal that they use to trade by large amounts, up to 50 times their initial capital.3)

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