Foreign exchange broker

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Foreign exchange broker

Intermediaries in the foreign exchange market that do not put their own money at risk.

Foreign Exchange Broker

A broker who operates predominantly or exclusively in currency markets. That is, a foreign exchange broker fills orders to buy and sell currencies in exchange for a commission.
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JustForex, a foreign-exchange broker providing services in 197 countries for many years, said forex trading does not require intensive trading on the open market to learn the intricacies of the trade.
retail foreign-exchange broker, lost more than $200 million after the Swiss central bank's Jan.
Further gains by the dollar were limited, however, on yen-buying by Japanese exporters for settlements ahead of the end of the current fiscal year on Saturday, one foreign-exchange broker said.
"More important than the size of the operation is what banks do with this cash," said Simon Smith, chief economist at foreign-exchange broker FXPro Group Ltd.
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