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Is it possible to trade the forex market without a broker?

  • #21
  • Sep 1, 2020 5:58am Sep 1, 2020 5:58am
You need a broker, but fortunately you have many options and you can choose what is best for you.
  • #22
  • Sep 1, 2020 9:53am Sep 1, 2020 9:53am
True. Best to check the broker section here on ForexFactory, there's plenty of information there.
  • #23
  • Sep 1, 2020 2:06pm Sep 1, 2020 2:06pm
No, it is not possible to trade without a broker. If you want to trade in the market, you need to pick a good and reliable broker for you.
  • #24
  • Sep 1, 2020 8:30pm Sep 1, 2020 8:30pm
Trading is not possible without a broker. When you go to buy/sell a currency, you must take the help of a broker. The broker helps a trader to take his important trades through spreads. For this, it is never possible to trade without a broker.
  • #25
  • Oct 1, 2020 2:19am Oct 1, 2020 2:19am
Having a broker is necessary. But now that we have so many options available, we can choose any as per our needs and requirements.
  • #26
  • Oct 1, 2020 1:02pm Oct 1, 2020 1:02pm
No. It is not possible to trade in the forex market without a broker. You have to choose a good and reliable broker to trade in this market.
  • #27
  • Oct 8, 2020 2:44am Oct 8, 2020 2:44am
It is never possible to trade without a broker. The broker allows retail and institutional traders to trade. It is never possible to open a trade without a broker. Brokers offer many benefits to traders.
  • #28
  • Oct 8, 2020 8:41am Oct 8, 2020 8:41am
You cannot trade without a broker, but you can practice trading with apps or other platforms.

You can use the app called "Trading Game", available on iOS and Android. This is not a promotion, but for new traders and also advanced traders it's a good app to practice your trading and enhance your trading knowledge.

If you want to try the app, you can download it for free from the link below.

https://tradinggame.com
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  • #29
  • Oct 8, 2020 12:11pm Oct 8, 2020 12:11pm
No, it is not possible to trade in the forex market without a broker.
  • #30
  • Nov 2, 2020 4:51am Nov 2, 2020 4:51am
I have also thought about this. as a trader trading on broker platforms. If a trader trades without a broker, what software will the trader trade with?
  • #31
  • Nov 2, 2020 6:48am Nov 2, 2020 6:48am
Quoting kavanto
I have also thought about this. as a trader trading on broker platforms. If a trader trades without a broker, what software will the trader trade with?
Online trading is designed in a way so that we need broker as medium. Without broker online trading is not possible. Even in offline trading you have to go to the bank.
  • #32
  • Nov 6, 2020 12:11am Nov 6, 2020 12:11am
As it turns out, the application mentioned above has over 1M downloads and mixed reviews.
  • #33
  • Nov 28, 2020 6:45pm Nov 28, 2020 6:45pm
You must have a broker to trade. It is not possible to become a profitable trader if the broker does not provide the right service.
  • #34
  • Nov 29, 2020 1:40am Nov 29, 2020 1:40am
Quoting DeanLittler
You must have a broker to trade. It is not possible to become a profitable trader if the broker does not provide the right service.
Right. Broker is main and only intermediate between forex market and trader.
  • #35
  • Nov 29, 2020 4:00am Nov 29, 2020 4:00am
It is never possible to join trading without a broker. No matter which formula you trade-in, you must take the help of a broker to place a trade.
  • #36
  • Nov 29, 2020 8:14am Nov 29, 2020 8:14am
Quoting SamGoi
It is never possible to join trading without a broker. No matter which formula you trade-in, you must take the help of a broker to place a trade.
Yes for online trading we need a broker. A broker is the medium through which we can trade. For offline trading you may need to contact with banks.
  • #37
  • Last Post: Dec 4, 2020 8:29am Dec 4, 2020 8:29am
No, it is not possible to trade in the forex market without any broker.
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