The basics
Broker
A broker is the intermediary (often an online platform) that lets you buy and sell assets on the market.
A broker is the intermediary (often an online platform) that lets you buy and sell assets on the market.
Without a broker you cannot reach the markets: it routes your orders. It earns money through commissions or the spread. Choosing a reliable, fast and well-regulated broker is an important decision for an active trader.
You place a buy order on your platform: your broker sends it to the market and executes the trade.
Understanding a term is good. Applying it on a real platform with a clear method is better. That is exactly what we do in 5 days.