brokers What is a forex broker? And how to get the best in your country.

[Jeremias1997 41]

First of all, a forex broker works as an intermediary between us (operators), and the stock market.

Normally a Broker charges a small and really reduced commission for each operation that one sends to the market.

It also requires a license to do so and they are regulated by the countries in which they reside.

The difference between broker and trader, confusion is normal that often happens with new traders who confuse the term operator and broker.

The trader buys and sells Cfd`s contracts.

The broker only acts as an intermediary between the trader and the market, he or they do not buy or sell, they are only intermediaries.

There are many types of broker, but the important thing is which one is best for you?

Obviously many things come into play since you will trust them with your money and your profits, there are real position brokers and others who are speculators or as they are known Market Makers.

What is the difference between one and the other because that is very easy. The broker market maker does not place your order, whether it is to buy or sell instantly or live, as we often say, but what does it mean now?
It means that this type of broker waits to have a good sum of money from open operations to launch them all together on the market.

Normally a professional with privileged information, and several years in the industry are to like to operate with this type of brokers since they have very very low spreed (commissions) for large amounts of money.

However for a novice trader this more than liking it, it can cause the reason of disgust.

So it is always advisable to use a broker that offers open positions in real time and with the least delay time to the market, these consist of having a sum a little higher than the MM, but nevertheless your operation is defined by you and not by a set of people.

Whenever you are looking for a good broker, check what is available in your country, how fast the withdrawal and deposit transactions have and above all check the history of their managers.

I hope I have helped you, I would love for you to comment if you need help to find a good broker that suits your needs, I am Jeremiah and I say goodbye from Argentina.

[younes Phénomèn 113]

Thank you very much, the topic is very beautiful
You just have to know a good forex broker before joining
I benefited a lot from this topic
good luck for everbody

[Ameralsamt 2558]

It is the competent authority that connects traders and enables them to trade in the Forex market, which is linking to this market and its functions to implement your deals as traders in the market. The definition of Forex Brokers is that they broker between you and the market enables you to access the market.You can choose your preferred intermediary by searching the Internet and will show you my friend.

[afez420 20]

Forex is usually dominated by smart money and large financial institutions with so many assets in backing. Billions of dollars worth of assets. Large hedge funds and things like that dominate forex

[RoyalHouse01 9]

I do not know if there are any brokers that do not support any country but if there is any such issue we should never make any investment in any broker before doing a detailed research on it.

[Abrar1122 10]

as the forex trading is highly risky kind of training that is why I am not joining inter and I do not take interest in all kind of these things