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April 29, 2019 by Investor

Broker
It is explained as an intermediary body making money by the help of commission charges. The main task of a broker is to handle the orders of the purchaser and seller. A broker can also be explained as an agent who performs several orders to purchase and sell the currencies and the instruments related to it for a chargeor on the spread. Dealers are agents who work on the commission rather than the principals. In the exchange market, dealers tend to play the role of intermediaries between the banks that bring the purchasers and sellers for acharge paid by inventor or the parties. There are generally five brokers operating through the subsidiaries, partners and affiliates in several countries.

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