Forex broker, what is a forex broker

Updated on Financial 2024-05-25
16 answers
  1. Anonymous users2024-02-11

    To put it bluntly, brokers are mainly customers? The ultimate goal is to make money through good relationships.

    First, follow the company's ** hand mix and let them play foreign exchange. Earn a little extra money.

    Second, you can go to **company, ** exchange. People who are interested in ** are definitely interested in investing. (Focus on the kind of people who are disappointed in **, but want to make money) Personally, I recommend that you understand **** and the like first, so that you can have a topic to talk about.

  2. Anonymous users2024-02-10

    Mentality... MOST IMPORTANT ...

    One of the world's largest financial and investment service providers "EFD" has launched an online trading platform for individual customers, including foreign exchange, indices, etc. As long as $50 to open an account, low threshold, low spread, low risk. Please visit EFDTRADING (official website) for more information.

  3. Anonymous users2024-02-09

    A broker with solid and rich professional knowledge who can know the stable profit of his clients is good!

  4. Anonymous users2024-02-08

    To put it bluntly, foreign exchange economists are to pull customers for foreign exchange companies. If you want to do it well, then you have to look:

    1 Your relationships such as:

    2 What is your business ability?

    3 What is your level of knowledge of Forex.

  5. Anonymous users2024-02-07

    Experience sharing of senior foreign exchange brokers.

    Doing foreign exchange, how did I buy a house and a car in 5 years.

  6. Anonymous users2024-02-06

    A foreign exchange broker refers to an intermediary in the foreign exchange market who is approved by a bank or a relevant foreign exchange operating institution to operate the foreign exchange business on behalf of customers. They are entrusted by commercial banks, other financial institutions or a country** to act as intermediaries to buy and sell foreign exchange in the foreign exchange market, and some also do foreign exchange transactions. There are two types of forex brokers:

    1) Street brokers, as intermediaries between foreign exchange buyers and sellers, do not take any responsibility for the risks of foreign exchange trading, and only aim to collect commissions.

    2) General foreign exchange brokers, in addition to buying and selling foreign exchange on behalf of customers, also do foreign exchange transactions and bear operating profits and losses.

    Extended Information] Revenue Estimation:

    In the international foreign exchange market, 1 pip represents 10 US dollars for each standard lot (100,000 US dollars, which is also the basic unit of foreign exchange trading). Forex margin is magnified by 100 times to trade, in other words, 1 lot can be traded for every 1,000 US dollars. Let's take a $10,000 client account as an example to calculate the monthly rate of return of the client's broker.

    If the customer places an order at the ratio of 10,000 US dollars to 2 lots, and makes 3-5 transactions per day, the spread income ratio for one month is: 10000=6%.

    That is, the broker's spread income is 6%-10% per month.

    Since the bid-ask spread exists objectively, we might as well call the spread income of a forex broker a quota"Fixed income"。

    If the broker adjusts the client's commission to 3 points, or Bu Tan places an order at the ratio of 10,000 US dollars to 2 lots, and makes 3-5 transactions per day, the monthly commission income ratio is:

    That is, the broker's commission income is 36%-60% per month.

    Since it is up to the broker to choose whether and how much to adjust the commission, we might as well call the commission income of a forex broker"Floating income"。

    Thus, the monthly income of a forex broker is equal to 6%-60% of the total amount of client funds he introduces.

    Job description:1foreign exchange margin business development;

    2.From the perspective of the interests of customers, we provide professional financial investment planning with scientific professional knowledge and technology;

    3.Provide customers with reasonable opinions and suggestions to help them avoid risks;

    4.Serve and maintain existing customers, and regularly return to serve customers.

  7. Anonymous users2024-02-05

    This is very simple, in fact, you can understand it separately, foreign exchange, brokers, you should understand, foreign exchange is also, is to help find customers.

  8. Anonymous users2024-02-04

    Yes, the pressure is naturally high, it requires patience, perseverance, eloquence, experience and knowledge, take your time and you will be able to communicate, if you have the resources, you can communicate it.

  9. Anonymous users2024-02-03

    A forex broker is an intermediary who introduces clients to foreign exchange transactions. It does not buy or sell foreign exchange itself, but only connects foreign exchange buyers and sellers to facilitate transactions. Forex brokers earn their income by charging spreads for buying and selling foreign exchange, and they do not bear the risk of trading. Job description.

    1. Foreign exchange margin business development;

    2. From the perspective of customer interests, provide professional financial investment planning with scientific and professional knowledge and technology;

    3. Provide customers with reasonable opinions and suggestions to help them avoid risks;

    4. Serve and maintain existing customers, and visit customers regularly.

  10. Anonymous users2024-02-02

    There is no dedicated place for foreign exchange operations. Typical is that there is no market. It can only be operated on the web platform.

    Foreign exchange operations are not recognized in the country. All of them are operated through the platform provided by foreign market makers (foreign exchange companies).

    A broker is the link between the forex company and you.

  11. Anonymous users2024-02-01

    Plain and simple.

    It is to introduce you to do foreign exchange! ok

  12. Anonymous users2024-01-31

    It's the same as a **broker, just a ** businessman, helping foreign exchange companies develop customers and get rebates.

  13. Anonymous users2024-01-30

    Help you open an account and teach you to do foreign exchange investment. I'm just a broker.

  14. Anonymous users2024-01-29

    (1).Daily, weekly, and monthly charts are carefully studied.

    2).A more objective way to identify trends: Trend Investment Theory: DMI. A scale of 0 to 100 measures the degree to which a new market is trending, with higher values indicating stronger trends and smaller values approaching sideways consolidation without a trend.

    3).Movement level**, volatility, **volume, time period.

    9.For every sideways consolidation market, it finds support and resistance points. If the price is below the indicated support point, the trend will flip downward, and above the indicated resistance point, the trend will flip upward.

    10.Watch for when the upward trend market flips into a flat (price below the indicated support point) and when the trending market flips sideways (above the indicated resistance point).

    In fact, the most important thing is to simulate or learn to read books by yourself.

    If you don't do simulation, you won't be able to grasp a lot of things.

  15. Anonymous users2024-01-28

    What questions do you instruct? If you want to get a general idea of the basics, you can go to us**.

  16. Anonymous users2024-01-27

    The masters will not come here, I am just an ordinary friend, with a profit of 5% per month, and there are some simple operation methods, which will be taught as soon as I teach.

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