Since the purchase / sale of securities in the global stock market over the Internet is through intermediaries, dealing center in this case, it may be a mediator, as a broker. So, it's easy to guess that the dealing center may act as your broker. So why is it necessary? The answer is simple - for convenience, not to delve into the intricacies of certain operations. But probably most people will ask: "What is easy? The mere excitement, but do not steal our money there? ". Let us, as it should, take a look at how secure the system. For this we must first understand how it works.
First, the trader is looking for suitable for a dealing center, looks at a variety of conditions placed on the market. Now among the brokers there is a huge competition, each trying to attract clients through a unique advantage. When you first find a suitable broker scatter eyes. But then refers to with whom you have worked, who always keeps his word, fulfills all its obligations set period of time. The first step is dealing desk provides traders access to the market in the concluded contract negotiated between the different conditions for both sides.
When a trader enters the market, he carries out fundamental analysis, is engaged in the construction of the actual graphic schemes that will help him understand the current market direction. And only when he finds what he needs and sets the currency with which he is going to work, which can now be profitable to buy / sell, only if he makes contact with the broker. He sends a request to the broker with specific conditions and challenges posed. Now, the broker is to perform an operation that wanted to meet a trader. Profit dealing center (broker) is the sum of the difference (spread) the supply / demand price of a particular currency, and sometimes he makes a commission for the opening of the support account. Brokerage houses or dealing centers may set their quotations in different currencies, but it is strictly controlled by central and commercial banks. From all this it is possible to make conclusions for themselves. Dealerships are not only convenient, but really reliable. Each broker in a competitive environment is trying to keep his reputation, which he just earns.
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