ECN Forex broker

• ECN Forex broker

A.) An ECN broker is a forex financial expert who uses electronic communications networks (ECNs) to provide its clients direct access to other participants in the currency markets. 

In return for executing buy or sell orders, the forex broker will charge a commission per trade or a spread. That is how forex brokers make their money. A spread is the difference between the bid price and the ask price for the trade.
B.) Unlike loan officers, mortgage brokers don't work for banks. They operate independently and must be licensed. They charge a fee for their service, which is either paid by you, the borrower or the lender. The fee is a small percentage of the loan amount, generally between 1% and 2%.

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