what is broker ? Broker stands for "stock broker", and literally means "securities intermediary". Although
the English form is commonly used in Italian instead of "broker" in the
Forex when it comes to "broker" refers generally to institutions that
pose as intermediaries and that allow retail traders (ie small investors) to operate on the market.Forex brokers
Most forex brokers offering the opportunity to work through platforms
(some online, others in software version) thanks to which you can
exchange currency, use the main technical indicators and monitor their
positions.
In addition, most of the broker offers the possibility of a contoDEMO,
or open an account with virtual money and participate in the market by
simulating opening positions.Broker Scam
Scam means "scam"; the scam brokers are in fact false broker (many of them unauthorized)
that promises very affordable rates often attract novice trader.Some things to consider when choosing a broker
Fees and returns
Possibility of opening account Demo
Support and assistance in language
Regulation (see also: Forex regulatory agencies)
Transparency: in fact many brokers using social tools or discussion boards that make their activities more transparent
Reliability, assess the reviews on the net (just google, or Forex Wiki page: Broker)
Type broker Some brokers are market makers and in this sense could be induced to conflict of interest with their clients.
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