A forex broker is a company that offers people who want to trade currencies and other assets the chance to do so through their services. Forex brokers offer financial services to traders and thus they act as a portal for traders to enter and trade in the forex markets.
Forex brokers enable their clients to trade through a platform that the broker offers. Many forex brokers offer their trading services through the famous MT4 platform, or its more recent version MT5.
Forex brokers often are connected to banks or market makers who provide liquidity and help execute the transactions for traders through the broker. Some brokers are connected to more than one bank and thus they can offer better prices, i.e. lower spreads for...
One of the unspoken rules for choosing a broker is to check for the presence of a technical support department, as well as the availability of legal documentation on the site. A fly-by-night company will not look for specialists to help advise clients. It is quite expensive and energy consuming.
In general, you can get confused here, as there are many brokers.
It is better to think twice before choosing to make sure that the broker is right for you.
Read reliable sources on account of this information.