brokers

A broker is the financial entity that is responsible for connecting a retail trader to the global
forex market.
The broker provides the trader with a trading account, a trading platform, and also is
responsible for executing the trader’s orders.

Things to check out when choosing a broker

High Regulation (NFA & CFTC – for USA), (FCA – for Europe), (ASIC – Australia), (FMA
– New Zealand) etc
Good Reputation and Financial Standing.
Fast Execution Speed (less than 1 Sec).
Good Leverage
Minimal Fees and Spreads
Stable and User Friendly Trading Platform
Customer Support
Withdrawal and Deposit Ease
 A book broker and b book broker
A book
broker
In simple terms, the A Book model means your trade is passed through to the market and filled by what’s
called a liquidity provider or Banks. In other words, it is a non dealing desk broker that provides retail
traders access to the real global forex market.

Examples of brokers that use the A book Model are:

STP (Straight Through Processing) Brokers
ECN (Electronic Communications Network) Brokers

A book brokers make money by charging the trader small variable spreads or commissions.
 A book broker and b book broker
b book
broker
A B book forex broker can be best described as a broker that is responsible for always providing
execution and paying the differences (losses or profits) to their clients. When placing a trade via a B
book broker, they fill your trade internally and bet against you by matching the opposite site of
your trade.
Examples of brokers that use the B book Model are the market makers or dealing desk brokers

B book brokers make money by charging fixed spreads and betting against you every time you place a
trade. Whenever you buy, they sell it to you and whenever you sell, they buy it from you so when you
win, they lose and when you lose, they win.
My top most recommended brokers

http://icmarkets.com/?camp=6517

http://www.forextime.com/en/register/open-account?raf=14
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