Description: Discover. Learn. Compare. Understand. CurrencyBrokers.co.uk is the home of those looking to get a true in-depth overview of UK's currency and forex broker industries and beyond.
Currency broker could be somewhat of a confusing definition. On one hand, many people loosely use the term “currency broker” as a synonym for an “FX broker” but that is imprecise – in fact currency brokers are service providers enabling people to access better currency rates for overseas currency transfers and money exchanges . An FX broker allows UK customers to access leveraged speculative trading positions on certain currency pairs. While UK currency brokers simply replace banks, FX brokers give customer
Here is a short table that will help you understand the differences between a currency broker and an FX broker:
On this guide we will cover both currency brokerages and FX brokerages in the UK. Our main focus lies with currency brokers that facilitate overseas payments over FX trading, and our target audience is prospective users of either service, but we will give our best effort to cover all angles.