Jump to content

⤴️-Paid Ad- TGF does not endorse any products advertised. 🔥 Advertise here.🔥

Different types of Forex brokers


Recommended Posts

In Forex market there are different types of Forex broker that are providing necessary facilities for their clients. Different broker allows different types of facilities for their traders. And according to your trading knowledge you should pick the right broker. I select the best STP executing broker Forex4you for my trading. From this real STP trading broker I get – lowest trading spread from 0 pips, smart bridge of technology and so on.

Link to comment
Share on other sites

There are two kinds of broker in forex market. One is dealing desk and one is non dealing desk. Dealing desk broker execute your request with re-quote and dismissal. That is chafing for a trader. That is the reason I pick a non dealing broker called XeroMarkets. it execute my request quick without re-quote and dismissal. Those are most basic thing for my scalping. They additionally are giving me low tight spread, swap and commission free account and some more.
 

Link to comment
Share on other sites

There are different types of Forex brokers but I prefer to choose the broker that is more appropriate to our trading style. Because by the help of a supportive broker we could make good money in our trading life. That’s why FXdirects trading broker I have been chosen in my trading. To run a profitable and successful Forex business they help me lot. They allow low spread from 0.1 pips, high leverage 1:500, instant market execution etc.

Link to comment
Share on other sites

  • 3 weeks later...

When you decided to choose broker that you want to trade with, please choose one that give you more benefits. Like FreshForex, I choose them because FreshForex offer me a lot of bonus, such as : 200% deposit bonus and many more. It is good for your trading experience. Why you choose another broker without bonus?

 

Link to comment
Share on other sites

There are two main types of forex brokers:

Dealing Desks (DD)
No Dealing Desks (NDD).

Dealing Desk brokers literally create a market for their clients, meaning they often take the other side of a clients trade.

As the name suggests, No Dealing Desk (NDD) brokers do NOT pass their clients’ orders through a Dealing Desk.

This means that they do not take the other side of their clients’ trade as they simply link two parties together.

Here you can get more information about different forex brokers: http://www.internationalanswer.org/forex/brokers-comparison.html

Link to comment
Share on other sites

  • 1 year later...

I think that before entering the market, you need to study all the information about the market, trading, brokers. It was hard for me as newbie to choose the right broker. I searched a lot of sites in order to find something good. I also spent a lot of time looking for a broker and accidentally found this site Finarm com, which has a whole bunch of different companies listed. It's pretty convenient and can give you some insights.

Link to comment
Share on other sites

On 7/12/2021 at 12:43 PM, Michael Butcher said:

I think that before entering the market, you need to study all the information about the market, trading, brokers. It was hard for me as newbie to choose the right broker. I searched a lot of sites in order to find something good. I also spent a lot of time looking for a broker and accidentally found this site Finarm com, which has a whole bunch of different companies listed. It's pretty convenient and can give you some insights.

We will need to understand that if we are trading with a Good Strategy we will be able to get more profits also.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest

The following limits are in place
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

⤴️-Paid Ad- TGF does not endorse any products advertised. 🔥 Advertise here.🔥

×
×
  • Create New...