Your question is based on a misunderstanding. No criticism at all, there - it’s a very widespread misunderstanding and one that’s continually reinforced by online retail forex-trading misinformation, in PDF’s, forums, Youtube videos, and on some other so-called “educational” websites.
The reality is that they’re all market-makers, whether they’re called “NDD” or “STP” or “ECN” or “DMA” or not.
Reading these posts/threads carefully will help you (a lot!):
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…
i understand
sorry my response was unhelpful
what i’m trying to explain (very tactfully and i hope now more helpfully!) is that your question is actually based on a mistaken premise, i.e. you are assuming (as many people do) that they’re two different things
the reality is that they are often not, or at least that it isn’t possible for a retail trader reliably to distinguish between them in any ways other than how and by whom they’re regulated
“ecn” stands for “electronic communications net…
Hi dears
There are different types of brokers, i confused which type i should choose?
A-book broker or B- book brokers?
Hi,
Does Direct market access Forex exists at all, for retail traders ?
For example IG offers two types of forex - CFD forex and Normal forex, and I have the feeling, none of it has anything to do with real Forex market. It’s all a pre bought pools, a computer game of a sort … Which brings me to my original question - are there any real market Forex platforms for retail ?
Best!
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