What is Broker?
A regulated company or individual that executes trades on your behalf, providing market access, a trading platform, and account infrastructure in exchange for a spread or commission.
In-Depth Explanation
Practical Example
"A UK trader opens a spread betting account with an FCA-regulated broker to access the forex market."
Related Terminology
Spread Betting
A tax-efficient way of speculating on the price movement of various types of financial instruments.
CFD (Contract for Difference)
A CFD lets you speculate on price movements without owning the underlying asset, using leverage — making it the primary instrument for UK retail traders.
ECN Broker
Electronic Communication Network; a broker that connects retail traders directly to Tier 1 liquidity providers.
Tactical How-To Guides
How to Start Trading in the UK — Step by Step
Learn how to start trading in the UK. A complete step-by-step guide covering regulation, choosing a broker, and placing your first trade safely.
How to Day Trade — Step by Step
Master the art of day trading. Learn how to manage your time, choose instruments, and execute trades within a single day.
How to Keep a Trade Journal
Stop gambling and start trading. Learn the exact process for keeping a professional trading journal that identifies your edge.
Master the language of risk
Knowing the terms is just the start. Learning how to apply them is where the edge is found.
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