What is a Forex Broker?

A foreign exchange broker refers to an intermediary in the foreign exchange market that is authorized by the central bank or the relevant foreign exchange operating agency to conduct foreign exchange business on behalf of customers. They are entrusted by commercial banks, other financial institutions or the government of a country to act as intermediaries to buy and sell foreign exchange in the foreign exchange market, and some also double as foreign exchange transactions. There are two types of foreign exchange brokers: (1) Street shoppers, who are completely intermediaries between foreign exchange buyers and sellers, are not responsible for the risks of foreign exchange transactions, and only charge commissions. (2) In addition to buying and selling foreign exchange on behalf of clients, general foreign exchange brokers also perform foreign exchange transactions and bear operating profits and losses. ^[1]

Forex broker

International

1. Expansion of foreign exchange margin business;

2. From the perspective of customer interests, provide professional financial investment planning with scientific professional knowledge and technology;

3. Provide customers with reasonable opinions and suggestions to help them avoid risks;

4. Serve and maintain existing customers and return to customers regularly.