******WHAT IS THE FOREX TRADE*********

Forex is based on the free currency conversion.... Nowadays, there is no fixed exchange raate s there are no restrictions on volume of transactions.... 

meta trader

However, some countries establish special rules for brokerage firms...  First of all, these rules apply to relationships between broker and clients...  
Financial service authority (FSA) exercises control over financial markets in the United Kingdom..
                         Commodity Futures Trading Commission (CFTC) regulates futures and option markets in the united states. National Futures Association (NFA) is an independent self-regulatory organization and and watchdog of the commodities and futures industry in the United States...
                            The central Bank of the Russian federation exercises control over the exchange transaction in Russia.. for instaforex. 

              So many traders are failure by eager in earn without learning. so must learn how to analysis the market and get success in trade and earn money *** GOOD LUCK ***