Their duties include bringing the buyer and seller of foreign exchange and conversion between the two operations. During his brokerage brokerage firms charge a brokerage commission. At Forex there is no commission, usually a percentage of the transaction amount or a certain predetermined amount. Generally, dealers of broker companies traded currency with a spread, which had already laid their commission. Brokerage firm, has requested information on courses, a place where a real exchange rate is already on the transaction. Commercial banks are informed about the current level of satisfaction from the brokerage firms. (more...)