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"

BSD
BTN
Bull (ish)
Bull Market
Bull Spread
Bulldogs
Bullion
Bundesbank (Buba)
Butterfly Spread
Buyer / Taker
Ready to Trade!
First you'll need an online broker. See how much you can save by visiting Forexbite Broker Center.
Advertisement

Broker - Related articles & news

Featured
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 ...

Forex Navigation