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    1. #1
      mycashbux is offline MTV Regular
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      What is forex broker

      What is forex broker and how does it works. If i started to trade on forex how can i get forex broker and how can I find that the broker i have chosen is perfect and real broker.

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    3. #2
      dikraduni is offline MTV Newbie
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      Re: What is forex broker

      In economic terminology , a stock broker is basically in simple terms a Licensed agent who has to pass certain qualifying tests to be certified to offer securities investment advice to investors .Investors are people who buy shares of stock . He or she may counsel what and when to buy, counsel whether to hold or sell securities, execute buy-sell orders on behalf of the investors,
      and charge a percentage of the transaction amount as brokerage fee for commission

      A forex trader is basically with no relation in either contrast is a person or a firm who buys and sells currency to make a profit.
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    4. #3
      Adam-FXVV is offline MTV Newbie
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      Re: What is forex broker

      Quote Originally Posted by mycashbux View Post
      What is forex broker and how does it works. If i started to trade on forex how can i get forex broker and how can I find that the broker i have chosen is perfect and real broker.
      You can try our brokerage company FXVV.com. We offer a lot of benefit and secured to our customers. At FXVV, we offer leverage 1:1000, ECN/STP, Islamic Account, Partners commission up to 2 Pips, 15% deposit bonus and low spread start from 0.8 pip. Try it and i sure you will like it.

    5. #4
      JohnEbenezer is offline MTV Newbie
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      Re: What is forex broker

      Hi...Its a nice thread you have started here..Forex broker is an intermediately between a trader and the currency market. Retail foreign exchange trading is not possible without Forex brokerage.

    6. #5
      Irene Ivory's Avatar
      Irene Ivory is offline MTV Regular
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      Re: What is forex broker

      It is also very important to know that generally brokers do not return spread to traders, but if they a part of rebate project that a trader can get back at least part of his spread.

    7. #6
      bulastika is offline MTV Loyal
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      Re: What is forex broker

      Quote Originally Posted by Irene Ivory View Post
      It is also very important to know that generally brokers do not return spread to traders, but if they a part of rebate project that a trader can get back at least part of his spread.
      Its a given fact that theirs no rebate on spread as its the way most of the broker site earn. Also they some times even charge commission fees when you going to request payments.
      I don't think theirs really an issue about spread as most of broker sites has almost identical spread also.

    8. #7
      JohnEbenezer is offline MTV Newbie
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      Re: What is forex broker

      Hi...Its a nice thread you have started here..Forex broker is an intermediately between a trader and the currency market. Retail foreign exchange trading is not possible without Forex brokerage.
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    9. #8
      hirose_p is offline MTV Rookie
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      Re: What is forex broker

      Quote Originally Posted by mycashbux View Post
      What is forex broker and how does it works. If i started to trade on forex how can i get forex broker and how can I find that the broker i have chosen is perfect and real broker.
      Hi mycasbux, nice question to start. There is 4 combination types of brokers, NDD - DD - STP - ECN.
      you can read a simple explanation about it in 100forexbrokers.com/stp-ecn-brokers

    10. #9
      davidjss is offline MTV Senior
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      Re: What is forex broker

      In forex trading when we mention the word forex broker we describe the financial firm which has been granted a license by a reputable exchange commission to offer an online forex brokerage service which will allow end users to trade with the use of the internet by connecting to a server which offers market access and trade execution services, through an online trading platform, in foreign exchange markets, CFDs, international equities, commodities and Exchange Traded Funds (ETF).

    11. #10
      fari is offline MTV Regular
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      Re: What is forex broker

      forex is an online job of trading. here you do currency trading. you can make a good amount if you know this. it can be started with small investment. it is becoming a worldwide famous job.

    12. #11
      rebarebina is offline MTV Regular
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      Re: What is forex broker

      Forex brokers are the well established financial and licenced received forms where the forex traders are joining to do the Forex trading business regularly. Forex brokers are allowed by government to deal with the forex trading business. Many investors use to go and take help from these brokers. The Forex brokers provide internet access and server to do the business online to those those who are joining in the brokers.

    13. #12
      fx-girl is offline MTV Newbie
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      Re: What is forex broker

      Quote Originally Posted by mycashbux View Post
      What is forex broker and how does it works. If i started to trade on forex how can i get forex broker and how can I find that the broker i have chosen is perfect and real broker.
      forex broker is a licensed company that offers financial (forex) services...
      you never will know if broker is honest with you or not.
      you can only rely on reviews in internet etc.

    14. #13
      kumarmanis is offline MTV Regular
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      Re: What is forex broker

      Quote Originally Posted by mycashbux View Post
      What is forex broker and how does it works. If i started to trade on forex how can i get forex broker and how can I find that the broker i have chosen is perfect and real broker.
      Forex broker is an intermediatery between a trader and the currency market. retail foreign exchange trading is not possible without Forex brokerage. Finding the best Forex broker among hundreds of the online companies is not an easy task.

    15. #14
      jessejeff is offline MTV Newbie
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      Re: What is forex broker

      forex brokers are middle men which stands between the customers and the company...........the serve as an avenue for the customers to reach the company....i'm even planning to be one

    16. #15
      fari is offline MTV Regular
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      Re: What is forex broker

      forex broker is an intermediary between you and the banks. it is very necessary to have a good broker so that you may trust on him for your money. so choose well reputed broker.

    17. #16
      trymblkm is offline MTV Newbie
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      Re: What is forex broker

      really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.really thanks for sharing this information with us.

    18. #17
      zebrut's Avatar
      zebrut is offline MTV Regular
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      Re: What is forex broker

      it is now a lot of brokers who offer some attractive offers and promises sweet attracted us but we should also be wary of brokers who are broker fraud, and therefore the presence of this very useful forum for which we search for information brokers better and broker that is a scam because this forum is always giving positive and negative information about the broker, followed by them.

    19. #18
      boongwah is offline MTV Regular
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      Re: What is forex broker

      I want to know more about this forex trade work how it works and what is it benifits. So i can be the one of the user of forex

    20. #19
      naninov is offline MTV Newbie
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      Re: What is forex broker

      For me, I will choose a forex broker which offering fast and easy withdrawal process, fast and good customer support response as well. Fast withdrawal process no longer than 24 hours makes me feel comfortable and save. That’s my reason to determine and choose a broker

    21. #20
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      Re: What is forex broker

      Quote Originally Posted by naninov View Post
      For me, I will choose a forex broker which offering fast and easy withdrawal process, fast and good customer support response as well. Fast withdrawal process no longer than 24 hours makes me feel comfortable and save. That’s my reason to determine and choose a broker
      Yes, I agree with you. And don't forget a good server too is necessary for us to get from our broker. I'm glad that my broker Weltrade now, provided me with all of that.

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