Is that right babypips (56/361)

[flamingoproxy]

i think the two threads linked to just below may help you a lot, if you read them both carefully (hope so, anyway!)

Market Makers vs ECN's

The lesson doe not really maker it clear. Could someone please help me fully understand the difference?

Text correction: dealing desk or non-dealing desk?

they do which is exactly what all the counterparty market-makers want them to think, of course and many of the conversations in this forum tacitly assume that when people are “trading” with these “brokers,” they’re actually dealing in currencies rather than just having a side-bet on the price-movements of currencies! indeed - but you can’t really blame people for imagining that, when the whole industry is set up to encourage them to believe it? all you can do is annoy and irrit…