What is a broker? Why do you need one and which one is the best for you?
As a trader, it is almost impossible to trade or enter the market without a broker. Forex transactions which usually take place in the billions of dollars all happen through banks and financial institutions. Without big funds, you cannot play with the big boys. Hence why we retail traders need a broker to act as our intermediary between us and these financial institutions, as well as afford us more buying or selling power. But with that being said you need to familiarize yourself with different types of brokers that are out there and the ones which are best suited to you.
To find the best broker for you it‘s best you first search through WikiFx. This app allows you to find the best-regulated brokers as well as shows you which brokers to clearly avoid. Finding a broker can lead you down some scan brokers who will happily take your money. So don’t walk through a minefield blindfolded. Trust WikiFx.
Read the Complete article below
https://www.wikifx.com/en/news....detail/2022070190143