5 Elements You Should Learn To Be A Successful Forex Trader

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The reason is that the brokers need clients. As they Crypto Nerdz Review search for clients, they use the service of introducing brokers. These introducing brokers, who is shortly referred to as IBs are responsible for finding dealers for brokers. Whenever a trader is introduced, the IB will receive a portion of the spread from the broker. In turn, the IBs, will pay the traders a major portion of the money they received from the broker. The great thing about this deal is that every party engaged wins. This means that brokers win by getting new clients, while the IB gets a portion of the spread. Also, the traders too get back a portion of the spread for every trade taking place.

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