Broker - Definition

An Agent who executes orders to buy and sell currencies, or for a Commission or based on a bid / ask Spread. In the foreign exchange market, brokers essentially serve as intermediaries between banks. This committee is known as brokerage fees.

Terms near "Broker"

Bull (ish)
Bull Market
Bull Spread
Bundesbank (Buba)
Butterfly Spread
Buyer / Taker
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Broker - Related articles & news

Top 5 factors that affect exchange rates ...

There are many factors that affect exchange rates of currencies. However some are more important in currency trading than others. These are; Interest and Inflation rates, Trade balance, Currency market speculation, Foreign investment and Central bank market intervention. Learn how to use these factors in your forex tra ...

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