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Start trading XBT/USD (Bitcoin/USD) Live Charts & Quotes
Before taking part in transactions on the stock markets, you should figure out who brokers are. Having studied the features of this profession, you can decide for yourself: how to cooperate with such people or companies and what points to pay special attention to in joint work.
A broker is, in simple words, an official organization that is considered an intermediary between traders and the market. Since individuals do not have direct access to document trading, they cannot conduct transactions on their own behalf. Investors need it when making a deal.
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The term simultaneously covers many areas of activity, and there are several varieties of such organizations:
Stock exchange. A company that has the right to purchase/sell securities (stocks, bonds), precious metals and trade on the foreign exchange market. They often perform trust management of clients' finances.
Credit card. A firm acting as a middle link between the bank and the borrower. Helps in the preparation of documentation, the selection of a profitable option for lending.
Customs. Specializes in the transportation of goods across the border. At the same time, he is preparing mandatory papers and studying the necessary legislative acts for crossing the country's border.

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