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What is the difference between a forex broker and a stock broker?
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The difference between a forex broker and a stock broker is that a forex broker facilitates the trading of foreign currencies while a stock broker helps with trading stocks. Forex brokers provide access to the foreign exchange market, while stock brokers provide access to stock exchanges. Forex brokers generally do not offer investment advice, while stock brokers do. Furthermore, forex trading is typically done over the counter based on market conditions, while stocks are only traded through exchanges which involve more regulations.