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What is the main role of broker dealer in forex?
Broker/dealer - A company and organization, those execute the trades and orders on be half of their customer is called Broker/dealer. A broker/dealer has to register himself in SEC (Securities and Exchange Commission), because they are known for selling and buying securities for themselves and their customers. When a person executes orders for them self is called "Dealer", whereas if a person executes trades for their customer is called "Broker".
Written by: Natali Ya