Forex broker and its correct choice
Who is Forex Broker? First you need to tell the word and concept of the broker. The broker tells the real or legal person that he makes a link between the buyer and the vendor and receives a claim for it. The commission is also called the commission.
A broker typically performs activities between buyers and sellers according to the buyer’s and seller’s offerings. The agent specifies the specific circumstances and security of the transaction and the principal and secondary costs of trading.
With these definitions, it turns out that each market is definitely own dedicated servers. For example:
- Guild dealer
- Real Estate Broker
What is Forex Broker and what it does
Forex Broker or Forex Broker is an agent, the interface between real and legal traders in the Forex market. The main role of the Forex broker is to transfer the trader’s transactions to the Forex market. To conduct currency transactions, customers must arrange a deal with a Forex broker and deposit the deposit as a deposit in the bank specified by the broker. This deposit is opened as a trading capital in the name of the customer itself and is only active for trading in this Forex market and can not be used from this account, such as other bank accounts (current, credit, etc.) for depositing and withdrawal with other persons. .
Sometimes money is deposited in your accounts. In exchange for offering the possibility of buying and selling, brokers deduct a small percentage of each transaction as a salary and deposit it into their account. That is, the transaction costs are automatically calculated and transferred to the broker account. The profit of some brokers is only paid by the difference in price between sales and no consideration of transactions, and some others receive a commission. Some brokers also count on the opening of a deal depending on the type of transaction (purchase or sale) for that swap or swap, which is contrary to Islamic law. Some brokers follow Islamic laws or have a special account for their Muslim clients, in which bank overnight rates are not applied.
Valid Forex brokers
On the Forex website, you can get acquainted with the Forex brokers that serve the Iranians and open an account. In addition, the Forex website guarantees you the lowest spreads and trading fees on the brokerage provided to you. Your net spread for transactions with a percentage of deposit rebate from the site of the Forex site is as low as possible and with the lowest spread or fee you can pay for the deal.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.6% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.