Definition, Goals, Legal Environment, and Forex Broker Remuneration
What Is a Broker in Forex?
A financial services provider that gives traders a platform to buy and sell foreign currencies is known as a forex broker.
Foreign exchange is referred to as forex. In the foreign exchange market, transactions nearly invariably include two distinct currencies.
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A retail forex broker or a currency trading broker are other names for a forex broker.
An understanding of the forex dealer
The foreign currency market is, by necessity, a 24/7 worldwide enterprise.
Retail currency traders who use these platforms to forecast currency movements are among a forex broker's clients. Investment banks and sizable financial services companies that trade on behalf of other clients are among their clientele.
The volume of the ...