Home » Broker

Broker

« Back to Glossary Index

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 Forex brokers enable everyone to easily participate in the market without the necessity to act through banks.

A broker is a financial intermediary that matches counterparties to a transaction without being a party to it.

In forex, a broker is an agent or company that executes orders to buy and sell currencies for their clients.

They act as intermediaries between banks bringing buyers and sellers together for a commission paid by the initiator or by both parties.

Brokers are agents working on commission and not principals acting on their own accounts.

Related
Parabolic

Parabolic describes a market that moves a great distance in a very short period of time, frequently moving in an accelerating Read more

Bitcoin Block

Blocks are data structures within the blockchain database, where transaction data in a cryptocurrency blockchain are permanently recorded. A block records Read more

Monetary Policy

Monetary policy refers to the actions taken by a nation’s central bank to influence the availability and cost of money and credit to Read more

XM Bonus