Brokers and banks:who depends on the other

[7544]

I think i agree with you but how do the broker now do the physical cash transaction with banks when we now place our orders.

[bloch.bhai]

my opinion brokers have account in forex and they also trading with the forex so they depends each other.many brokers attach there account with bank to satisfied customer and some brokers have share in the bank.

[jazy]

yes it think the broker and bankers are depend one and other,broker sells the goods and the banker gave the payment and send money to other country,so i think both are very important.

[amssalcity]

the international banks and brokers and both who depend on each other because for money transfer brokers use banks and for getting money in market banks need brokers. so i think both are totally dependent on each other. both help each other in many ways in forex trading business market.

[creative]

In fact, different broker accounts to make your client happy and actually hangs in accordance with the agent, who so to save money off the Bank's beginner that a number of different providers may be something with the world bank

[@missodekanmi]

brokers and traders together with banks are depending on each other in my opinion of trading forex. the banks are the ones that help the transactions of brokers and transders after and during when they have used it for withdrawing and transfering of money all over the world

[vakas.9011]

i think that banker have accounts with Forex and they also trade with Forex. they both depends on each other but i think that brokers depend more on banks for en-cashing their payments. their is important relationship between brokers and banks.

[extraordinaryboy]

i think the brokers are depend on the banks because all of money is available in the banks there are many of brokers make profit from this money,brokers make many of profits from the money which is invest the traders in the market.

[lion8414]

in my knowledge is that,the smaller one always depends on the huge ones, so i guess that, the little bank will usually trade their funds in bigger Forex Broker, and so the opposite...... and as far me ,actually according to me broker depends on the bank, for saving the money of different traders, many broker may have some shares with the bank.......

[habibur25]

I'm definitely a particular company, the Bank leads the agents in this solution. A number of principles are a good trader will be processed similar reservations when they use policy of Standard Bank. In addition to handling the resistance on the use of standard bank Ac first before coming to our account at the broker's agent.