Definition of Broker
A financial intermediary that provides traders with access to the forex market. Brokers execute trades on your behalf and earn revenue through spreads, commissions, or both.
At a glance
Term
Broker
URL slug
broker
Category
General
Short answer
A financial intermediary that provides traders with access to the forex market.
Deep dives
/guide/how-to-choose-broker/, /licensed-brokers/, /broker-quiz/
Example
Apply the definition: restate “Broker” in one sentence tied to your next trade (symbol, direction, size, stop). If you cannot, re-read the definition above.
Common mistake
Common mistake: using “Broker” as loose slang while your broker/platform specification defines it more narrowly.
Professional tip
Tip: bookmark this “Broker” page and reopen it when reading broker specs so definitions stay consistent.
Related deep dives
Practice tools:
Related terms
FAQ
A financial intermediary that provides traders with access to the forex market.
Knowing the precise definition of “Broker” prevents platform and broker-spec mistakes—a common source of size and cost errors.
Common mistake: using “Broker” as loose slang while your broker/platform specification defines it more narrowly.