If you are a trader then you must have been familiar with what the name of a brokerage company, they are what helps the investors in order to make sale and purchase transactions in the forex market volume volume and its price is set by some market participants, where one of them is you As trader and investor. So the brokerage company here is only as a liaison and can not take the price decision let alone affect the volume of buying and selling transactions at will.
Up to here it can be concluded that a brokerage company is a buying and selling activity based on the customer's wishes with a futures contract in which there is some capital money as well as a letter of value called also margin, where margin is useful to guarantee a transaction. Brokerage firms are generally referred to as futures brokers.
Brokerage firms are so closely related to forex, because this is where the activity of buying and selling transactions of currency where there are some investors in it who make foreign exchange transactions electronically which is then referred to as online forex trading.
Understanding the most simple forex trading is when we bepergain to a country using other currencies, so that we can shop in the country with the currency of the country then that is done to exchange money in money changer with the exchange rate applicable on the day that is, too.
But if online forex trading, everything is running electronically.
Then then why more people who prefer forex trading than to exchange money changer? The answer is Just one, the velocity of money in one day in online forex trading is very high to reach trillions of dollars daily. Also doing it online is easier and more practical than having to do it in a conventional money changer.
The high volume of trading is caused when there are people who will sell then there are people who are ready to buy it, as well as when you want to buy someone ready to sell it.
In the brokerage firm is also known the term spread, where the spread is the difference between the selling price and buying depends on the brokerage company. Some apply fix fixes and some apply floating spreads (spreads are constantly changing according to market real prices).
This brokerage company is not stand alone, there is a regulatory body that regulates and oversees the course of forex trading trading that takes place within the brokerage firm futures. This regulatory body is formally established by the government of a country and depends on the policies of each country. If in Indonesia alone the brokerage company is monitored and organized by Bappebti (Commodity Futures Trading Supervisory Agency) who is directly responsible to the Minister of Trade. All this is intended to ensure that this trade proceeds in accordance with applicable law and regulations.
Not only Bappebti, outside the country there is also a regulatory body intended to regulate futures trading in accordance with the law in the country concerned.
America: Commodity Futures Trading Commission (CFTC)
United Kingdom: Financial Services Authority (FSA)
Germany: Bundesaufsichtsamt Fur der Wertpapierhandel (BAWE)
Hongkong: Securities and Futures Commission (SFC)
Singapore: Monetary Authority of Singapore (MAS)
French: French Commission des Operations de Bourse (COB)
Australia: Australian Securities and Investments Commission (ASIC)
The existence of this regulatory body is very important, as does Bappebti in Indonesia. This regulatory body is responsible for ensuring all transactions run smoothly and no one does not comply with the provisions of the legislation and goes according to the applicable law.
So if you are a trader and want to do transactions in the online world of forex trading, then all you have to do is make sure the brokerage company you are going to follow is actually recorded in the supervisory agency above, it is very useful to protect and also ensure your transactions run accordingly With your desire there is no sense of anxiety with your investment funds.
Up to here it can be concluded that a brokerage company is a buying and selling activity based on the customer's wishes with a futures contract in which there is some capital money as well as a letter of value called also margin, where margin is useful to guarantee a transaction. Brokerage firms are generally referred to as futures brokers.
Brokerage firms are so closely related to forex, because this is where the activity of buying and selling transactions of currency where there are some investors in it who make foreign exchange transactions electronically which is then referred to as online forex trading.
Understanding the most simple forex trading is when we bepergain to a country using other currencies, so that we can shop in the country with the currency of the country then that is done to exchange money in money changer with the exchange rate applicable on the day that is, too.
But if online forex trading, everything is running electronically.
Then then why more people who prefer forex trading than to exchange money changer? The answer is Just one, the velocity of money in one day in online forex trading is very high to reach trillions of dollars daily. Also doing it online is easier and more practical than having to do it in a conventional money changer.
The high volume of trading is caused when there are people who will sell then there are people who are ready to buy it, as well as when you want to buy someone ready to sell it.
In the brokerage firm is also known the term spread, where the spread is the difference between the selling price and buying depends on the brokerage company. Some apply fix fixes and some apply floating spreads (spreads are constantly changing according to market real prices).
This brokerage company is not stand alone, there is a regulatory body that regulates and oversees the course of forex trading trading that takes place within the brokerage firm futures. This regulatory body is formally established by the government of a country and depends on the policies of each country. If in Indonesia alone the brokerage company is monitored and organized by Bappebti (Commodity Futures Trading Supervisory Agency) who is directly responsible to the Minister of Trade. All this is intended to ensure that this trade proceeds in accordance with applicable law and regulations.
Not only Bappebti, outside the country there is also a regulatory body intended to regulate futures trading in accordance with the law in the country concerned.
America: Commodity Futures Trading Commission (CFTC)
United Kingdom: Financial Services Authority (FSA)
Germany: Bundesaufsichtsamt Fur der Wertpapierhandel (BAWE)
Hongkong: Securities and Futures Commission (SFC)
Singapore: Monetary Authority of Singapore (MAS)
French: French Commission des Operations de Bourse (COB)
Australia: Australian Securities and Investments Commission (ASIC)
The existence of this regulatory body is very important, as does Bappebti in Indonesia. This regulatory body is responsible for ensuring all transactions run smoothly and no one does not comply with the provisions of the legislation and goes according to the applicable law.
So if you are a trader and want to do transactions in the online world of forex trading, then all you have to do is make sure the brokerage company you are going to follow is actually recorded in the supervisory agency above, it is very useful to protect and also ensure your transactions run accordingly With your desire there is no sense of anxiety with your investment funds.
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