Articles

Market Maker Brokers vs. ECN Brokers

Forex traders are mainly able to enter the foreign exchange market through two types of brokers: forex market makers and electronic communications networks (forex ECNs). This article discusses the main differences between these types of forex brokers including how quotes are generates, who is the counterparty of your trade and how the different types of forex brokers make their money.

Risk Disclosure: There is a substantial risk of loss in trading commodity futures, options and foreign exchange products. Past performance is not indicative of future results. The possibility exists that you could sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose.