2024-12-19 17:21
A l'instar de l'industrieForex Brokers
Forex brokers are financial institutions that provide traders with access to the foreign exchange market, where currencies are traded. Here's a detailed explanation of Forex brokers:
Types of Forex Brokers
1. Dealing Desk (DD) Brokers: These brokers act as market makers, setting bid and ask prices for currencies. They profit from the spread between the two prices.
2. No Dealing Desk (NDD) Brokers: These brokers connect traders directly to the interbank market, where they can trade with other traders and liquidity providers.
3. Straight Through Processing (STP) Brokers: These brokers forward traders' orders directly to the liquidity providers, without intervening in the trade.
4. Electronic Communication Network (ECN) Brokers: These brokers connect traders directly to the interbank market, allowing them to trade with other traders and liquidity providers.
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Forex Brokers
Nigeria | 2024-12-19 17:21Forex brokers are financial institutions that provide traders with access to the foreign exchange market, where currencies are traded. Here's a detailed explanation of Forex brokers:
Types of Forex Brokers
1. Dealing Desk (DD) Brokers: These brokers act as market makers, setting bid and ask prices for currencies. They profit from the spread between the two prices.
2. No Dealing Desk (NDD) Brokers: These brokers connect traders directly to the interbank market, where they can trade with other traders and liquidity providers.
3. Straight Through Processing (STP) Brokers: These brokers forward traders' orders directly to the liquidity providers, without intervening in the trade.
4. Electronic Communication Network (ECN) Brokers: These brokers connect traders directly to the interbank market, allowing them to trade with other traders and liquidity providers.
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