Coronavirus Impact On Retail Brokers Industry
The impact of the covid-19 on the world is so huge that it’s believed to be worse than the 2008 financial crisis. During the several days after the disease was upgraded to a pandemic, major stocks all over the globe experienced huge declines. However, Forex market is a totally different story.
The virus has given a boost to the industry. Saxo Bank reported that Forex brokers generally experienced a surge in trading volume.
Let’s have a look on the particular cases. How the brokerages are dealing with the epidemic and who already got the profit.
Posted by Kate Nutriakova, Marketing Specialist at Takeprofit Tech