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A <a aria-describedby="tt" href="https://www.benstride.com/forex-glossary/broker/" class="glossaryLink" data-cmtooltip="

Broker
<!-- wp:paragraph -->The mediator between the buyers and sellers in the market. The broker executes the trader's buy and sells orders and charges the spread as a commission fee. Online&nbsp;Forex brokers&nbsp;enable everyone to easily participate in the market without the necessity to act through banks.<br/><!-- /wp:paragraph --><!-- wp:paragraph -->A broker is a financial intermediary that matches counterparties to a transaction without being a party to it.<br/><!-- /wp:paragraph --><!-- wp:paragraph -->In forex, a broker is an agent or company that executes orders to buy and sell currencies for their clients.<br/><!-- /wp:paragraph --><!-- wp:paragraph -->They act as intermediaries between banks bringing buyers and sellers together for a commission paid by the initiator or by both parties.<br/><!-- /wp:paragraph --><!-- wp:paragraph -->Brokers are agents working on commission and not principals acting on their own account.<br/><!-- /wp:paragraph -->

" >broker is a financial services company that provides traders access to a platform for buying and selling currencies, shares, commodities, and other <a aria-describedby="tt" href="https://www.benstride.com/forex-glossary/financial-instruments/" class="glossaryLink" data-cmtooltip="<div class=glossaryItemTitle>Financial Instruments</div><div class=glossaryItemBody>In finance, financial instruments are the assets that have monetary value and can be traded. For example, checks, bonds, and bills of exchange. However, in the world of forex, financial derivatives such as futures contracts and options are known as the top financial instruments.<br/></div>">financial instruments. A forex <a aria-describedby="tt" href="https://www.benstride.com/forex-glossary/broker/" class="glossaryLink" data-cmtooltip="

Broker
<!-- wp:paragraph -->The mediator between the buyers and sellers in the market. The broker executes the trader's buy and sells orders and charges the spread as a commission fee. Online&nbsp;Forex brokers&nbsp;enable everyone to easily participate in the market without the necessity to act through banks.<br/><!-- /wp:paragraph --><!-- wp:paragraph -->A broker is a financial intermediary that matches counterparties to a transaction without being a party to it.<br/><!-- /wp:paragraph --><!-- wp:paragraph -->In forex, a broker is an agent or company that executes orders to buy and sell currencies for their clients.<br/><!-- /wp:paragraph --><!-- wp:paragraph -->They act as intermediaries between banks bringing buyers and sellers together for a commission paid by the initiator or by both parties.<br/><!-- /wp:paragraph --><!-- wp:paragraph -->Brokers are agents working on commission and not principals acting on their own account.<br/><!-- /wp:paragraph -->

" >broker may also known be as a retail forex <a aria-describedby="tt" href="https://www.benstride.com/forex-glossary/broker/" class="glossaryLink" data-cmtooltip="

Broker
<!-- wp:paragraph -->The mediator between the buyers and sellers in the market. The broker executes the trader's buy and sells orders and charges the spread as a commission fee. Online&nbsp;Forex brokers&nbsp;enable everyone to easily participate in the market without the necessity to act through banks.<br/><!-- /wp:paragraph --><!-- wp:paragraph -->A broker is a financial intermediary that matches counterparties to a transaction without being a party to it.<br/><!-- /wp:paragraph --><!-- wp:paragraph -->In forex, a broker is an agent or company that executes orders to buy and sell currencies for their clients.<br/><!-- /wp:paragraph --><!-- wp:paragraph -->They act as intermediaries between banks bringing buyers and sellers together for a commission paid by the initiator or by both parties.<br/><!-- /wp:paragraph --><!-- wp:paragraph -->Brokers are agents working on commission and not principals acting on their own account.<br/><!-- /wp:paragraph -->

" >broker or a <a aria-describedby="tt" href="https://www.benstride.com/forex-glossary/currency/" class="glossaryLink" data-cmtooltip="<div class=glossaryItemTitle>Currency</div><div class=glossaryItemBody>A currency is a generally accepted medium of exchange that is issued and circulated by the government and the central banks. This can be in the form of coins and paper. Credit /debit cards are considered an advanced form of currency and are generally referred to as plastic money.<br/></div>">currency trading <a aria-describedby="tt" href="https://www.benstride.com/forex-glossary/broker/" class="glossaryLink" data-cmtooltip="

Broker
<!-- wp:paragraph -->The mediator between the buyers and sellers in the market. The broker executes the trader's buy and sells orders and charges the spread as a commission fee. Online&nbsp;Forex brokers&nbsp;enable everyone to easily participate in the market without the necessity to act through banks.<br/><!-- /wp:paragraph --><!-- wp:paragraph -->A broker is a financial intermediary that matches counterparties to a transaction without being a party to it.<br/><!-- /wp:paragraph --><!-- wp:paragraph -->In forex, a broker is an agent or company that executes orders to buy and sell currencies for their clients.<br/><!-- /wp:paragraph --><!-- wp:paragraph -->They act as intermediaries between banks bringing buyers and sellers together for a commission paid by the initiator or by both parties.<br/><!-- /wp:paragraph --><!-- wp:paragraph -->Brokers are agents working on commission and not principals acting on their own account.<br/><!-- /wp:paragraph -->

" >broker

Therefore, brokers are independent players in over-the-counter (OTC) financial or nonfinancial markets. Their role primarily consists of providing a point of contact for institutional clients seeking to buy or sell financial or non-financial products. The brokers receive a <a aria-describedby="tt" href="https://www.benstride.com/forex-glossary/commission/" class="glossaryLink" data-cmtooltip="<div class=glossaryItemTitle>Commission</div><div class=glossaryItemBody>Commission is a transaction fee charged by a broker when one opens a trade.<br/></div>">commission on each <a aria-describedby="tt" href="https://www.benstride.com/forex-glossary/client/" class="glossaryLink" data-cmtooltip="

Client
<!-- wp:paragraph -->A client is a person that holds an account. A trader who goes to a broker to make transactions.<br/><!-- /wp:paragraph -->

" >client transaction.

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