A forex member who acts on behalf of a customer. Responsibilities include order execution for purchases and sales and acting as an intermediary between customers. The brokerage will charge a fee or commission or a percentage of the bid/ask spread as compensation. Also called Brokerage House.
Browse by Subjects
See All Related Terms »
transferred charge call
Base Interest Rate
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):