{"id":11787,"date":"2024-04-05T15:30:21","date_gmt":"2024-04-05T11:30:21","guid":{"rendered":"https:\/\/fxglory.com\/helpdesk\/docs\/fxglory-help-center\/learn-forex\/what-is-a-broker\/"},"modified":"2024-07-11T16:39:18","modified_gmt":"2024-07-11T12:39:18","slug":"what-is-a-broker","status":"publish","type":"docs","link":"https:\/\/fxglory.com\/helpdesk\/docs\/knowledgebase\/learn-forex\/what-is-a-broker\/","title":{"rendered":"What is a broker?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"11787\" class=\"elementor elementor-11787\" data-elementor-post-type=\"docs\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b8d477f elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"b8d477f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-394aeea\" data-id=\"394aeea\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-78d819f elementor-widget elementor-widget-text-editor\" data-id=\"78d819f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A broker is an individual or party with a license to buy and sell securities on a client&#8217;s behalf. Generally, a broker is an independent agent used extensively in some industries. The prime responsibility of a broker is to bring sellers and buyers together. Therefore, a broker is the third-person facilitator between a buyer and a seller.<\/p><p><br \/>Stockbrokers coordinate contracts between buyers and sellers, usually for a commission. A market maker, on the other hand, is an intermediary who is willing and ready to buy and sell securities at a profitable price.<\/p><p><br \/>A broker makes money by bringing together securities&#8217; buyers and sellers. Brokers have the authorization and expertise to buy securities on an investor&#8217;s behalf.<br \/>A flat fee, or percentage-based commission, is given to the broker for carrying out a trade and finding the best price for a security. Since brokers are regulated and licensed, they have an obligation to act in the best interests of their clients.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>A broker is an individual or party with a license to buy and sell securities on a client&#8217;s behalf. Generally, a broker is an independent agent used extensively in some industries. The prime responsibility of a broker is to bring sellers and buyers together. Therefore, a broker is the third-person facilitator between a buyer and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":9544,"menu_order":155,"comment_status":"open","ping_status":"closed","template":"","doc_tag":[],"class_list":["post-11787","docs","type-docs","status-publish","hentry","no-post-thumbnail"],"acf":[],"_links":{"self":[{"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs\/11787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs"}],"about":[{"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/types\/docs"}],"author":[{"embeddable":true,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/comments?post=11787"}],"version-history":[{"count":1,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs\/11787\/revisions"}],"predecessor-version":[{"id":15177,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs\/11787\/revisions\/15177"}],"up":[{"embeddable":true,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs\/9544"}],"wp:attachment":[{"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/media?parent=11787"}],"wp:term":[{"taxonomy":"doc_tag","embeddable":true,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/doc_tag?post=11787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}