Yes, to trade forex you'll need to use a forex broker. You'll need to open an account and deposit enough collateral (margin) to enable you to place orders with your broker to buy or sell forex. The forex broker's job is to execute your orders — either internally by acting as the principal to your trade (market maker execution), or by sending your orders to another market thus acting as your agent (agency execution). Your broker should be a trustworthy one, regulated and properly licensed in the same country you reside or in a major financial center. Learn about our Trust Score.