Forex glossary
What is a broker?
The company that gives you access to prices, executes your orders and holds your funds.
Definition
Broker: The company that gives you access to prices, executes your orders and holds your funds.
In context
You don't need to own pounds first; your broker handles that behind the scenes.
From the lesson How You Make (and Lose) Money.
Lessons that cover Broker
Forex 101 · 5 min
How You Make (and Lose) Money
Buy low, sell high, or sell high and buy back lower. Yes, both work.
Forex 101 · 7 min
Leverage and Margin
How a small deposit controls a big position, and why that cuts both ways.
Forex 101 · 5 min
Margin Calls and Stop Outs
The two words every trader wants to avoid hearing.
Forex 101 · 4 min
Swap and Rollover
The overnight interest you earn or pay for holding trades.
Forex 101 · 6 min
Your First Demo Trade
A step-by-step practice trade, done the professional way.
Brokers & Platforms · 6 min
How Forex Brokers Work
Market makers, STP, ECN, and how your broker earns money.