Difference between trader broker
This will be important to some traders, but less so to others. Trading platforms might be thought of as broadly the same. This can be a mistake if a trader finds a particular platform difficult to use. Yes, most platforms will have similar functions — but the usability and look and feel can vary — and some will not suit every trader. It is vital to be trading on software that is familiar and easy to use. Traders can miss prices, or worse, make mistakes trading, because the trading platform did not suit them for whatever reason.
The trading buttons might be very clear to some users, but if you are the trader that ended up entering a large trade by mistake, you might wish you had based a broker choice on the clarity of the platform. All of the brands listed here offer demo accounts — try before you buy. This is becoming less important as more and more payment methods are added by brokers — but if you have ever had problems making payments or receiving money from a broker because they have a restricted list of withdrawal methods — you will know how important it can be to check first.
If you plan to research your trades via your broker or their software, you want to ensure you have the best research tools available. Charting standards do differ significantly. Some brokers ETX Capital in particular offer the best charting facilities, with a range of technical analysis tools that will satisfy even the most ardent technical analysis experts. Some brokers however, assume their traders either do not do research, or do it elsewhere.
Their tools lag behind some rivals. So again, take a look via a demo account and see if the broker delivers to a standard you need. As ever, trading on the move will be important to many traders — others will be happy to not use a mobile app. Regulation should be a key criteria for any broker. Only regulated CFD brokers are included on these pages.
Bonuses can sometimes sway a trader. Terms and conditions are always important with any bonus deal. They can often cause a new customer to over trade. However, where used correctly, a bonus can mean more funds to trade with, or a couple of risk free trades — so they can be useful. Just remember that a short term bonus is not going to make up for expensive spreads in the long run.
Our reviews cover all of the factors required to compare CFD brokers, and as mentioned previously, all of the CFD brokers listed on our pages provide demo accounts. So traders can take their time, read the detailed review, and try out the platforms themselves before making a choice.
Once you have all the information, you can then decide the best CFD broker for you. Use these steps to make an informed decision about the best broker for you and your unique investing style;. Traders can use any number of broker accounts, and use those with the best terms for specific trades or assets.
In my experience, big accounts are placed on A-Book due to the risk to the broker. If you put the morality aside of brokers pretending to be white knights who hunt down the best liquidity in the world to deliver you spreads of 0. Click here to view a list of trustworthy brokers where we trade our own funds.
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Excellent and clear explanation. You must be logged in to post a comment. Blog Forex Forum Log in. The difference between A-book and B-book brokers. B-Book on the other hand! Ducascopy is marketplace model like stock exchange , where traders can see their own bids and offers in the depth of market when they place a limit order , while bids and offers limit orders Global Prime are executed as a market order when the price is triggered.
Global prime offers liquidity receipts to traders to show them they who was the liquidity provider who filled their trade. Hi there, I am a late arrival here. Looks like a descent firm on the surface. Do you have an opinion? By the way I love Singapore, I was there a few weeks ago visiting a fund manager friend based in Singapore.
I feel fortunate to reside in Singapore too. We also offer discounted commissions If in the future you would like the For the other brokers, you will be able to find out by checking through their customer agreements or legal documents on their website. Thanks, Linton, for the valuable services you are providing us private fx traders. I have been trading for many years, and I have not seen a broker who does not hunt SL.
That has been the reason I could not sign up with them a couple of years ago. You can get a stop loss or TP stealth EA here: However, to be honest with you, all the brokers on my website do not hunt stop loss. You can consider opening a free account with them. Ducascopy still does not offer MT4, but they provide a third party bridge to use MT4 to connect to their Jforex platform.
Instaforex is most likely B book, and they will send their consistently profitable clients to A book. If you would like to increase your know-how simply keep visiting this web page and be updated with the newest news posted here.
I like the valuable info you provide on your articles. I am rather certain I will be told many new stuff right right here! Best of luck for the next! Hi Linton, what about Purple Trading former Axiory broker? Thanks for your opinion. I believe these brokers are not pure A book, because if they were, they would proudly advertise it, like Global Prime. Hi Linton, many thanks for sharing broker types. I have another few brokers, could you please let me know are they A or B types? Just to be doubly sure, you can read their legal documentations on their website, the one most people ticked that they read the terms and conditions of the agreement when they signed up for the broker.
In there, it will usually say whether the broker can trade against you or not. We have recently launched our A Book Trading Brokerage, and would like to get our brand out there. Our website is http: Let us know what you think. I believe capital index is a B book broker. Usually spread betting brokers are B book or hybrid model.
I have been looking at your website very good. On there website they say pure STP. I paid for education 10k through them with learn to trade. It meens they teach me wrong info. I have combed through their Terms and Conditions. What section could the counterparty info normally be found? I did find these terms though. The Company in accordance to its CIF authorisation is authorised to provide the following investment services which are governed by this Agreement: Reception and transmission of orders in relation to the Financial Instruments the Company is authorised to provide.
Execution of orders on behalf of clients. You can also find all their terms and conditions here: So I believe they are either a B book, or Hybrid model, because they having a dealing room if you are pure A book it is not necessary , and it says above that BDswiss will always act as a counterparty when the company executes an order on behalf of the client.
Give Global prime or IC Markets a try. Using our promocode link. Sign up Global prime: They are actually a representative or white label of Synergy Financial Markets. Check this page out: Synergy is hybrid broker. Your email address will not be published. What is A Book vs B book in Forex trading?