Alain Garca/EyeEm/Getty Images, a forex broker is an intermediary between you and the " interbank." If you don't know what the interbank is, it's a term that refers to networks of banks that trade with each other. Leverage is both good and bad as you can make exponential profits, but you can also suffer from mounting losses. It requires paperwork and identity verification and such. Forex Brokers Also Offer You Leverage. In the process of this, they offer you a price that is slightly different than the price they can get.
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Typically a, forex broker will offer you a price from the banks that they have lines of credit and access.
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Please correct these errors to continue. There Are Two Balances, when you're working and trading with a qr code bitcoin address forex broker, there are two balances. It is comparable to having a bank account. Forex is a relatively new arena for many investors. Your other balance is the balance that you would have if you closed all your trades.