Brokers and banks:who depends on the other

[umairmalik]

yes you can say brokers are banks because most of the brokers attach them selves to the banks so that you can trust them but actuallt they do it to save money so you can say brokers are banks in my opinion in trading.

[m.asifali]

in the my mind the broker and the bank are deppend on the each others because the treder gave her money on the bank and bank also gave her money to back the broker.

[saqibazmat908]

dear______ ye forex internation banks or market mey rakhey howey baki sarey currecies k combination sey he to bani howi hy... barey barey bank trades or share mey hisa laitey hain or en sab ka apas mey buhat bara combination chalta rehta hy... banks or proffesional traders ki waja sey he to market chal rahi hoti hy... but kuch broker alag b hain jo market k sath he chaltey hain but alag hotey hain...

[hafi1199]

mery khyal main tu banks jo hoty hain wo sirf account he mange karty haain aur wo forex kay sath be trader karty hoan gay aur is bat say ya andzaha hay kay donoon aik dkosty kay lay bohat zoori ahin aur ahmeet rakhty hain is lay donon aik dosry kay lay aham hain

[sweetypk2016]

bankers ti depend nhi karta hai broker pa jab ka mare knowledge ka mutabiq broker ,bankers ka oper depend karta hai. kiyo ka broker apna account bank ka sath attach karta hai jo ka bhot save hai. isi waja sa customer bhi satisfy hota hai or broker pa trust karta hai

[sohailsk]

I must say that i am very much clear about it, banks are also participating in this business and the brokers depends upon them, they need to open the account in the banks and safe thier comission in it and to use thier money as desired in the forex business.

[ghulam88]

Broker ko bank pa he depond karna parta ha na ka bank broker pa depond karta kio ka broker ki her chez bank ka pas hoti ha a/c wagara sub kaush agar broker bahata b ha to
broker ki sari amount to bank ka pas hoti so is lea broker apna a/c open karny ka apny assets wagara show karta ha bank ko na ka bank ko sub kush show karwana parta
ha broker ko.

[shahzad yousaf]

i think bankers have accounts with broker,s and also forex traaders and a broker depends on the bank for save the money and both are depend,s on each other

[tayia157]

Brokers are depend on banks because all countries economy are save in banks and banks are invest in forex market, all brokers assets are save in banks, so we can say that all broker companies are dependent on any centrals banks and investment of all client of the broker is save in that bank.

[naija]

Both the banks and the brokers work together in the forex business. Most big banks are liquidity providers for the brokers, and most banks also are forex brokers providing brokage services as well.