Broker Currency
The foreign exchange broker is an intermediary between a company that needs to buy foreign currencies and the inter-bank. the foreign exchange broker can be viewed as a currency wholesaler as it buys currencies at the inter-bank rate and sells it at a lower margin than banks allowing its clients to save money on their international payments. Tradingmoney, particularly in the forex market, is a speculative risk, as you are betting that the value of a currency will increase relative to another. Oanda corporation is a registered futures commission merchant and retail foreign exchange dealer with the commodity futures trading commission and is a member of the national futures association. no: 0325821. more information is available using the nfa basic resource. How to become a currency broker. the world of foreign exchangetrading is fast-paced, exciting and potentially very profitable. foreign exchange traders make money by correctly anticipating whether a specific currency will increase o...