1. Who is a Broker?

A Forex broker is a financial company that provides traders access to a platform for buying and selling foreign currencies. Brokers act as intermediaries between retail traders and the Forex market.

2. How to Open a Forex Trading Account

Step 1: Choose a Reliable Broker

• Research brokers based on regulation, trading conditions, and user reviews.
• Compare spreads, fees, and available trading instruments.

Step 2: Register on the Broker’s Website

• Click on “Open an Account” or “Sign Up” on the broker’s website.
• Fill in details like name, email, phone number, and country.
• Choose account type (Standard, ECN, Micro, etc.).