• noun the payment to a broker for a deal carried out


  • (written as Brokerage)
    A Forex member who acts on behalf of a customer. Responsibilities include order execution for purchases and sales and acting as an intermediary between customers. The brokerage will charge a fee or commission or a percentage of the bid ask spread as compensation. Also called brokerage house.

Information & Library Science

  • noun the business of buying and selling goods and services for other people