2. Forex Brokers

A broker is a place where buyers and sellers go to buy and sell instruments, such as currencies. The forex broker operates as a middleman between you and the market. In other words, in order to find a buyer or a seller of currencies, you can go to a broker and they match you up…

If you want to trade in the forex markets, you need a broker. But what exactly is a broker? To understand this, consider the following: Let’s say you want to buy an apple, so you go to a street market. The apple is what you want to buy – the street market is the place…