what is forex broker?
at the beginning Firms that provide currency traders with access to a trading platform that allows them to buy and sell foreign currencies. A currency trading broker so also known as a retail forex broker, or forex broker, handles a very small portion of the volume of the overall foreign exchange market.
How is a broker paid?
The broker expense is set as a rate of the credit sum (1 to 2.5 percent is standard), and is paid either by the borrower or the loan specialist. Specialists are requiring to uncover their charges forthright, and they didnt allow to win any more than the revealed sum.
Can you trade forex 24 hours a day?
we can not do Exchanging the forex at one focal area . but rather it is leeding between members through electronic correspondence systems (ECNs) and telephone arranges in different markets far and wide. The market is open 24 hours a day from 5pm EST on Sunday unti
What is a currency trader salary?
top forex broker in usa
FXCM Having a low commission of only 4 cents per 1000 lot, micro lot trade sizes, a low $50
TradeKing Forex/Zecco trade king taked and offers tight spreads of 1-2 ips and dynamic trader network
thinkorswim by TD Ameritrade, Inc. is another popular US-regulated forex broker, offering trading in more than 100 global currency pairs.
TradersChoiceFX Traders ChoiceFX offers the rebate program by providing a cash bonus for each forex trade one makes.