Forex brokers vs banks: where do you trade forex?
Forex brokers and banks are two of the most common FX providers. Banks offer forex trading services for clients that request these services. Banks trade currencies interbank and will execute speculative forex trades on your behalf.
Forex brokers – both individuals and companies – facilitate the buying and selling of foreign currency when trading. An online broker acts as a ‘middleman’, enabling you to speculate on the price movement of forex pairs without taking ownership of the physical currencies. With us, you can trade forex using a spread betting and or CFD trading account.
Online brokers like us provide an intuitive web platform and mobile apps for you to execute your forex trades, while also giving you access to third-party platforms like MetaTrader 4 (MT4), ProRealTime and L2 Dealer.
When trading with us, you ‘ll have access to a specialised team that will give you help and support through our 24-hour helpdesk team available from Monday to Friday, and 9am to 5pm Saturday and Sunday.