Top Forex Brokers: A Comprehensive Guide
Forex Brokers Forex brokers list - Forex brokers are intermediaries that facilitate the trading of currencies in the foreign exchange market. They provide a platform for traders to buy and sell currencies, offering various services such as liquidity, leverage, and access to trading tools. Types of Forex Brokers There are different types of forex brokers, each catering to specific needs and trading styles. The main types include: Market Makers : Act as the counterparty to every trade, setting their own bid and ask prices. ECN Brokers : Provide direct access to the interbank market, offering real-time quotes and facilitating trades between participants. STP Brokers : Similar to ECN brokers, but they act as intermediaries, passing orders directly to liquidity providers. Hybrid Brokers : Combine elements of market makers and ECN/STP models, offering both market execution and direct access to liquidity. Choosing a Forex Broker Choosing th...