Broker Exchange Foreign
[forex company] also conducts foreign exchange transactions for the customers of its affiliates [broker-dealer a] and [broker-dealer b]. when conducting transactions broker exchange foreign for the customers of its affiliates, [forex company] exclusively acts on the instructions of its affiliates and does not establish direct relationships with its affiliates. Foreign exchange broker definition: a person or organization that buys and sells currencies for others:. learn more. Other articles from investopedia. com. The foreign exchange broker is an intermediary between a company that needs to buy foreign currencies and the inter-bank. the foreign exchange broker can be viewed as a currency wholesaler as it buys currencies at the inter-bank rate and sells it at a lower margin than banks allowing its clients to save money on their international payments. Forex trading, which involves exchanging one currency for another on the foreign exchange market, isn’t for the faint of heart or th...