Image for Forex broker

Forex broker

A Forex broker is a company or individual that facilitates the buying and selling of currencies in the foreign exchange market. They provide traders with access to trading platforms where they can execute trades, monitor market conditions, and manage their accounts. Brokers earn money through spreads (the difference between buying and selling prices) or commissions on trades. Essentially, they act as intermediaries, making it easier for individuals and businesses to trade currencies, speculate on price movements, and potentially profit from fluctuations in exchange rates.