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Brokers Minutes

This is a discussion on Brokers Minutes within the Forex Brokers forums, part of the Trading Forum category; We have set up a stockbroker, and currently we are looking for partners to start the project and start working. ...

      
   
  1. #441
    Junior Member
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    Lightbulb I am looking for a partner to set up a broker.

    We have set up a stockbroker, and currently we are looking for partners to start the project and start working.
    Interested contact: leyretoledon4[at]gmail.com

    All information will be given through the mail, all questions you have will be answered through this medium. Thank you!

  2. #442
    Administrator newdigital's Avatar
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    Website to monitor the spread for amny brokers, many pairs, live monitoring and the history -
    https://www.myfxbook.com/forex-broker-spreads

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  3. #443
    Senior Member mlawson71's Avatar
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    First BTC FX is yet another clone firm that has been added to the long warning list of the Financial Conduct Authority in the UK. The firm has been recognized as an unauthorized financial services provider.

    According to the official warning the firm does not hold the proper license by the FCA for providing financial services to British traders and is operating outside the law.

    The firm is apparently a clone of FCA-registered First Global (UK) Limited.

    more...

  4. #444
    Senior Member BrokersMinutes's Avatar
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    Difference between ECN, market makers and STP brokers

    In a perfect world the cost of buying and selling currencies would be the same, no matter which Forex broker you use. Unlike the stock market where we get heavy regulation and where stock prices are derived from a single exchange, prices vary from different Forex broker platforms.

    The reason why is because currency prices are derived from the Interbank market which is a conglomerate of banks and hedge funds that provide prices to various Forex brokers around the world. The better the relationship between the Interbank market participants and the broker means that the prices are cheaper.

    We expand on this in the video tutorial whilst also describing the main difference between ECN, market makers and STP Forex brokers. You may be surprised how some brokers take you for a ride and it is this lack of knowledge that they thrive on when trying to get you to sign-up as a customer.

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