Thursday, August 13, 2009

Forex broker. Forex Brokers' services.


Brokers' services
To buy or sell any financial active, it is necessary for you to find the company, rendering broker services, i.e. the intermediary organization, working on a stock exchange
Broker services in the forex market are the intermediary activity between the buyer and the seller. Broker activity is realized both by individual licensed forex brokers, and by the specialized broker companies. Broker activity consists in transactions execution or broker companies' clients' orders.
There are 4 basic groups of participants at the centralized stock exchange: 1. Experts. They are responsible for constant liquidity by specific share issues, fulfill the claims arriving from brokers 2. Commission brokers. They directly fulfill the claims arriving from broker offices. 3. Exchange brokers. Exchange brokers have no rigid obligations on work with certain broker firm and can work with any of them when its brokers do not cope with client claims. 4. Exchange traders. Exchange traders trade only for themselves and on own account. They are forbidden to fulfill the clients' claims.
For granting qualitative broker services in the forex market it is necessary to find appropriated forex broker whose quantity is great enough. One should be discerning enough to choose what is necessary. You can choose the company rendering a full spectrum of broker services for yourselves. They are so-called forex brokers with full commission. These companies offer a wide choice of financial tools, and also carry out large-scale researches on all the segments of the financial market.
Brokers with the lowered commission won't offer to you any consulting and won't carry out any research - they will simply execute your trading operations for you. Accordingly the payment for their services will be considerably smaller, than the one of the forex brokers with the full commission.
The specific part of activity of the broker companies in world practice is hedging (insurance) of financial risks for juristic and natural persons. For natural persons individual difficult hedging schemes with application of derivative financial tools are created.
In Russia broker services in the forex market are issued by about 300 companies, and in the USA there are more than thousand of such companies. Therefore in Russia there is great potential for development of all directions of broker services. The quality of broker services is defined by qualification of employees of the broker company.

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