Market Maker, STP, ECN - What is the difference between Forex brokers? [VIDEO]

Any retail trader to be able to trade on Forex market and CFDs, he has to decide on his broker. However, not everyone knows that the broker is not equal to the broker. And not in terms of the offer itself in the form of spreads, commissions or the trading platform, but what happens on the other side of clients' orders. How are trader positions handled? Who is the other party to the transaction? What is Market Maker, STP and ECN? And which order execution model will be the best for you? We invite you to a short session that answers these questions.

What will you learn from the video

• How does the broker model affect the offer and trading
• How the Market Maker (MM) model works
• What is STP and ECN
• Advantages and disadvantages of individual methods of handling traders' orders

The partner of the educational cycle is Tickmill broker.