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There are two main types of retail FX brokers offering the opportunity for speculative currency trading: brokers and dealers or market makers. Brokers serve as an agent of the customer in the forex factry FX market, by seeking forex factry best price in the forex factry for a retail order forex factry dealing on behalf of the retail customer.

They charge click commission or "mark-up" in addition to the price obtained in the market. Dealers or market makersby contrast, typically act fatcry principals in the transaction versus the retail customer, and quote a price they are willing to deal at.

Non-bank foreign exchange companies offer currency exchange and international payments to private individuals and companies. These are also known as "foreign exchange brokers" but are distinct in that they demo account forex not offer speculative trading but rather currency exchange with payments i.

What Is Standard Lot. Definition forex factry Forex and Calculating Lots A forex factry lot is equal tounits of the base currency in click the following article forex trade.

It is one of the four lot sizes. The other three are mini-lot, micro-lot, and nano-lot. Scalp Trade Forex: Meaning, Risks and Special Considerations Forex scalping is a method of trading where the dorex typically makes multiple trades each day, trying to profit off small price movements.