Anjali Xtreamforex

  FOREX BROKER: - A Foreign exchange broker, also known as an FX broker or a forex broker, buys and sells currencies on behalf of clients. While charging a commission for the service .Foreign exchange brokers are ‘middlemen’ who match the currency buy and sell orders from their clients to other clients orders. HOW DO FOREX BROKERS MAKE MONEY? Trading volume fees can vary depending on the instruments [currency pair] and the Company’s profit. On the average, such a fee equals about $5 per $100,000 of trading volume. Some brokers don’t take fees, and then the spreads are there main income-the difference between buying and selling prices of currency. Forex trading can have very low costs. HOW IS THE FOREX MARKET REGULATED? There is very little regulation in forex business for ECN forex brokers . This is because there is no governing body to police it 24\7.Instead, there are several national trading bodies around the world who supervise domestic forex trading, as well as other mark