The Forex expert advisor is a program capable of performing in the terminal any action following the instructions of a trader, without his direct involvement. All tasks are performed automatically or mechanically.
A broker is an individual or party who has a license to buy and sell securities on a client's behalf.
Forex quote prices are based on the current market’s supply and demand and the proposal of major market participants (i.e., brokers, companies, market makers) to supply quotes at certain prices. Bidders obtain information as to what quotes they should offer by using different trading systems, such as Reuters-2000 and 3000, Bloomberg, EBS and others.
Broker is an agent at the consummation of various transactions. This may be an organization or professional user of Financial Market.
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