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A foreign currency broker helps with investment and international trade by authorizing currency conversion. In April of 2010 the daily average turnover for the global foreign exchange was estimated at almost $4 trillion.

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11y ago

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Is FOREX an online foreign exchange broker?

FOREX is an online foreign currency broker. They offer foreign currency trading online. It is like eTrade but instead of investing in stocks, you invest in currency.


What is the job of currency brokers?

The job of a currency broker is to buy and sell foreign currencies for profit. A currency broker can perform most of their job online through the proper platforms.


How can one buy foreign currency for investment purposes?

To buy foreign currency for investment purposes you can contact a Exchange Trade Funds broker. They are brokers that specialize in foreign currency and can help you choose the right currencies.


Broker for trading in the foreign currency market?

There are many kinds of brokers who facilitate currency trading. They are known as ECN's Market Makers


How does exchange foreign trading work?

Foreign exchange trading is the speculation and exchange of foreign currency according to the fluctuation in values. Trading is done via a foreign exchange broker. Currency is purchased at a good price, based on the expectation the value will rise against another currency.


What makes a full-service broker a full-service broker?

Full-service brokers provide advice in addition to buying and selling stocks


What is the best foreign currency trading software?

Some of the best foreign currency trading software is ProSignal, Trade King, MB Trading, Oanda, ATC Brokers, and Alpari. One can also check with a local broker to see what they recommend.


How can I invest in Kuwaiti dinar?

Investing in the Kuwaiti dinar can be done through foreign exchange markets, banks, or specialized currency exchange services. It is important to research the current exchange rates, economic stability of Kuwait, and any regulations regarding foreign currency investments. Consulting with a financial advisor or broker can also provide guidance on investing in the Kuwaiti dinar.


What makes a full-service broker full service?

Full-service brokers provide advice in addition to buying and selling stocks


What accurately describes what makes a full-service broker full-service?

Full-service brokers provide advice in addition to buying and selling stocks


What service does the Westfield Group provide?

The investment company of Westfield Group provides advice and guides for new investors and also provide stockbroker services and a broker service line.


What is a Managed Foreign Currency Trading Account?

Instead of you directly trading with a broker, you let someone else trade on your behalf. Also known as forex managed accounts