Forex Appendix – Forex Definitions: For the purposes of this document, and for an understanding of general industry terms, we have put together a list of terminology definitions: Brokerage = legal entity allowed to open customer accounts and collect customer money. Broker = an employee of the brokerage that is working with a customer. Introducing […]
A forex broker should be viewed as an entity that gives traders access to the forex market in exchange of a commission. This is the very definition of a broker: to intermediate the trading process via offering the best possible conditions for traders to succeed. For this reason, it is in any broker’s interest to […]
Starting a Forex brokerage should be the result of an extremely rigorous due-diligence process and at the end of it realistic expectations should be set. The first thing to be taken into account is the fact that being a broker on the Forex market is very tough as competition is one of the fiercest […]
Trading with regulated brokerages should be the top priority for a forex trader looking for a broker. Forex trading is an extremely competitive industry and there are so many brokers out there that the risk of finding unregulated brokers is quite high. The fact that a broker is regulated tells much about that business: respects […]
Forex trading is often being viewed only through the eyes of a trader, but how about the forex broker? What makes a successful brokerage and, more importantly, how to run it? To start with, regulation is a must! One cannot succeed in the brokerage business without the broker being regulated by a financial authority. […]
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