Forex brokers are institutions that provides currency trading services to currency traders. This involves providing
a trading platform along with news, advisories and other important information needed by Forex traders. Forex
brokers constitute a tiny fraction of the total daily volume for the currency market. These brokers are usually market
makers meaning they manually set prices of currencies available to their clients depending on the current
liquidity of the currency market. However, the prices provided by retail forex brokers are close to the
market prices of the currencies that they provide.