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6.1 Difference between ECN, market makers and STP brokers

In a really perfect world the price of buying and promoting currencies would be the related, no matter which forex dealer you utilize. not like the stock market the place we get heavy regulation and where inventory prices are derived from a single change, prices fluctuate from totally different foreign exchange dealer platforms. The reason why is as a result of forex costs are derived from the Interbank market which is a conglomerate of banks and hedge cash that supply prices to more than a few foreign exchange brokers all over the world. the simpler the relationship between the Interbank market individuals and the broker implies that the prices are less expensive.


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