What is a broker?
A trading broker is a financial intermediary that facilitates the buying and selling of various financial instruments, such as stocks, bonds, commodities, and currencies, on behalf of their clients. They act as a bridge between the buyers and sellers in the financial markets.
Trading brokers provide access to trading platforms, execute trades, and offer various services including research, analysis, and advisory services to help their clients make informed investment decisions. They earn commissions or fees for their services and play a crucial role in ensuring smooth and efficient trading activities.
Example of a broker
IG is an example of a trading broker. IG is a well-established and reputable broker that offers a wide range of financial instruments for trading, including stocks, forex, cryptocurrencies, commodities, and indices.
It provides a user-friendly platform with advanced charting tools, real-time market data, and customizable trading indicators. IG is regulated by top-tier financial authorities and offers competitive spreads, low fees, and a comprehensive educational section for beginners.