Who is a forex broker?

Their clients also include large financial services firms that trade on behalf of investment banks and other customers. Any individual forex broker firm will handle only a small portion of the volume of the overall foreign exchange market.

How do I know if my forex broker is regulated?

We’ve also put together a step-by-step guide to help you determine if your forex broker is well-regulated: Find its license number: Identify the broker’s registration number from the disclosure text at the bottom of the broker's homepage.

What happens when you open a trade with your forex broker?

When you open a trade with your forex broker, you and the broker become counterpartiesof the trade. Just like Spider-Man, the broker takes the opposite side of your bet. Are you sure it’s able to fulfill its obligation to you?

What is the forex broker compare tool?

Check out our Forex Broker Compare Tool to compare dozens of the biggest forex brokers in the industry and analyze their top tools and features. Our Compare Tool is fed by data gathered by our expert researchers for our forex broker reviews, so you can feel confident you have the most up-to-date information at your fingertips.