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A forex market maker

  • #1
  • First Post: May 29, 2018 6:32pm May 29, 2018 6:32pm
A forex market maker is actually a bank or middleman who offers buy and sell prices and then receives orders by facilitating currency trading. The orders can be hedged or transferred so that there is no exposure / risk, which is in conjunction with the internal order book or the market maker, which means that they are of interest. other side of the order. And take a stand against the customer.
  • #2
  • May 30, 2018 6:41am May 30, 2018 6:41am
@James, I hope this will be helpful as well:
There are two types of Brokers:
1) Market Makers: have rights to manipulate the orders of the traders. Actually, they are already looking for losing traders, because the Market Makers wins from their loses. That is why, they are providing many bonuses and cash promotions, because they are looking for short term client relationships... They are giving some little bonus when registration, then they are taking all of your money very soon.
2) Commission based brokers: They are client friendly brokers, because no mater that you win or that you lose, they are receiving their commissions from the orders. That's why, they are looking for long term client relationships, and it is better for them if the trader wins. Because if the trader wins, he will keep trading, the broker will keep receiving commissions and everyone will be happy That's why I prefer to use a commission based broker, because I will be sure, that they will not do something against my pocket ; If I win, they will win also
  • #3
  • May 30, 2018 6:47am May 30, 2018 6:47am
Quoting DwainUK
@James, I hope this will be helpful as well: There are two types of Brokers: 1) Market Makers: have rights to manipulate the orders of the traders. Actually, they are already looking for losing traders, because the Market Makers wins from their loses. That is why, they are providing many bonuses and cash promotions, because they are looking for short term client relationships... They are giving some little bonus when registration, then they are taking all of your money very soon. 2) Commission based brokers: They are client friendly brokers, because...
Yes, commission based brokers are secure since they make money by brokers trade number.
  • #4
  • May 30, 2018 7:09am May 30, 2018 7:09am
hey James007,
This is a good description of a Market maker, but what is the point of this thread. Is there something you would like to discuss or ask :?
  • #5
  • Jun 1, 2018 2:06am Jun 1, 2018 2:06am
Market makers are just like retailers, like supermarkets. They offer re-packaged commodities in small packages to private customers. If you like the price you buy it.

Its like buying a can of beans at the supermarket. You can't buy half a pound of beans from the farmer, so you buy it from the supermarket (who is a market maker). You could if you wished give all the money to your name to the supermarket and buy all their beans, and then try to eat them all or to sell them from your own little store, if you think those are good ideas.

If you give all your money to the market maker through losing trades, its your own fault for handing it over, not theirs for accepting it.
  • #6
  • Edited 10:14am Jun 1, 2018 8:16am | Edited 10:14am
Quoting DwainUK
@James, I hope this will be helpful as well: There are two types of Brokers: 1) Market Makers: have rights to manipulate the orders of the traders. Actually, they are already looking for losing traders, because the Market Makers wins from their loses. That is why, they are providing many bonuses and cash promotions, because they are looking for short term client relationships... They are giving some little bonus when registration, then they are taking all of your money very soon. 2) Commission based brokers: They are client friendly brokers, because...
All brokers will charge a commission per trade or a spread, that's how brokers make their money from clients in the regular first simple way
https://www.investopedia.com/article...make-money.asp
  • #7
  • Jun 2, 2018 5:14am Jun 2, 2018 5:14am
James, what is your exact point, I missed that . Can you please make sure? You just describe
  • #8
  • Jun 5, 2018 9:46am Jun 5, 2018 9:46am
I think, he is just looking for someone to talk
  • #9
  • Jun 6, 2018 5:04am Jun 6, 2018 5:04am
he just describe about the issue , there is no exact question to answer , so i got get rid .
  • #10
  • Jun 14, 2018 6:56am Jun 14, 2018 6:56am
Quoting ZikriIrfan
{quote} Yes, commission based brokers are secure since they make money by brokers trade number.
but practically it is most difficult to find right commission based broker.
  • #11
  • Jun 14, 2018 7:10am Jun 14, 2018 7:10am
Quoting AlexImam
{quote} but practically it is most difficult to find right commission based broker.
Selecting a right broker is always challenging whatever it is commission or spread based.
  • #12
  • Last Post: Jun 15, 2018 7:22am Jun 15, 2018 7:22am
Quoting AlexImam
{quote} but practically it is most difficult to find right commission based broker.
True. But some makers got caught by some legal people. Glad that those who shared their reviews about the brokers where we can check and study diligently before trading with them. There always good things to be grateful for.
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