Forex

Forex Market Makers

In forex trading most deals are conducted over-the-counter (OTC). A forex broker acting like market maker quotes both a bid and a ask price in a currency pair. The broker sells to its clients when they want to buy and buys from its clients when they want to sell. It makes money through the  bid-ask spread.
 
Market maker's Advantages:
 
- Most MM forex brokers offer bonuses on deposit.
- Quotes usually are "smoother" and less volatile than raw ECN/STP prices
 
Market maker's Disadvantages:
 
- Market makers may trade against you, making money when you lose. Conflict of interest appears.
- MM Brokers may manipulate their price feed, hunting for your stops or preventing your take profit orders from executing.
- Some of them discourage scalping and arbitrage trading strategies, putting scalpers' account in "manual execution" mode.
 
Below is a list of market making forex brokers. Most of them offer ECN/STP/NDD accounts as well.
 
More forex broker types: ECN Forex brokers

 



Forex Market Makers

Broker Country Regulation Leverage Min.deposit Review
Cyprus CySec 1:1000 $5 Review Website
UK, Cyprus, Hong Kong FCA, CySEC, SFC 1:400 $100 Review Website
Cyprus, Australia CySec, ASIC 1:400 $100 Review Website
UK, Cyprus FCA, CySec 1:888 $5 Review Website
Cyprus CySec 1:400 $100 Review Website
Belize IFSC 1:3000 $1 Review Website
US, UK, Canada, Australia, Japan, Singapore CFTC/NFA, FCA, ASIC 1:50 $1 Review
UK FCA 1:200 $1 Review
UK FCA 1:200 £100 Review
US, UK, Australia, Canada, Japan CFTC/NFA, FCA, ASIC 1:200 (1:50 in US) $50 Review
Ireland, Australia, Japan, South Africa ASIC, Central Bank of Ireland 1:400 $100 Review
Denmark, UK FSA, FCA, ASIC 1:100 $10 000 Review
Dominica No 1:1000 $1 Review
1:500 $300 Review Website
UK FCA 1:400 $200 Review
Cyprus CySEC 1:500 $250 Review
Cyprus CySEC 1:500 $250 Review Website
MFSA 1:400 $1 Review
UK, Australia, New Zealand FCA, ASIC, FMA 1:100 $25 Review
UK, Cyprus, Australia FCA, CySEC, ASIC 1:200 $100 Review
BVI FSC 1:200 $250 Review
Gibraltar 1:400 $50 Review
1:500 $1 Review
UK FCA 1:400 $1 Review
UK FCA 1:100 $20 000 Review
FCA Review
1:500 $31 Review
Cyprus CySEC, FSB 1:200 $100 Review
1:500 $25 Review
CySEC 1:400 $100 Review
Cyprus N/A 1:500 $50 Review
1:400 150 GBP Review
1:200 $100 Review
UK FCA 1:200 $1 Review
Malta MFSA 1:200 $1 Review
Switzerland FINMA 1:100 $1 Review
Cyprus CySec 1:500 $50 Review
Mauritius, Cyprus FSC, CySEC 1:500 $5 Review
Australia, New Zealand ASIC, FMA 1:100 $1 Review
1:500 $200 Review
BVI FSC 1:400 $300 Review
Czech Republic CNB Review
1:500 $10 Review
Belize IFSC 1:2000 $2 Review
UK FCA 1:400 $500 Review
Georgia, SVG No 1:3000 $1 Review
Australia ASIC 500:1 $100 Review
UAE, Hong Kong Central Bank of UAE 400:1 $100 Review
UK FCA 1:175 $10 Review
UK FCA 200:1 $250 Review
UK FCA 1:100 Review
UK, Cyprus FCA, CySEC 1:500 $300 Review
Malta MFSA 1:200 $300 Review
Belize, SVG IFSC 1:1000 $1 Review
Belize IFSC, FSC 1:200 $20 Review
Cyprus CySEC 1:200 $250 Review
Cyprus CySEC 1:400 $100 Review
UK FCA 1:200 $50 Review
UK FCA 1:500 $500 Review
Cyprus CySEC 1:100 $2000 Review
Cyprus CySEC 1:400 $200 Review
Cyprus CySEC 1:200 $200 Review
UK FCA 1:200 $250 Review
Cyprus CySEC 1:100 $250 Review
Cyprus CySEC 1:400 $50 Review
Cyprus CySEC 1:500 $250 Review
Australia ASIC 1:400 $300 Review
Cyprus CySEC 1:200 $1000 Review
Bulgaria FSC 1:200 $100 Review
Cyprus, Germany CySEC, BaFin 1:200 $1 Review
UK FCA 1:100 £50 Review
Cyprus CySEC 1:50 N/A Review
Cyprus CySEC 1:200 $100 Review
Cyprus CySEC 1:200 $100 Review
Indonesia BAPPEBTI 1:400 $500 Review
Cyprus Cysec 400:1 $250 Review
Indonesia BAPPEBTI $1 Review
St. Vincent and the Grenadines No 1:1000 $1 Review
New Zealand FMA 1:400 $250 Review
Nigeria FinaCom 1:1000 $100 Review
Lebanon, Cyprus CBL, CySEC 1:100 Review
UK FCA 1:200 £100 Review
UK FCA 1:50 $250 Review
Marshall Islands No 1:1000 $10 Review
Cyprus CySEC 1:200 $1 Review
USA. New Zealand FMA 1:500 $200 Review
South Africa FSB 1:100 R5 000 Review
SVG FSA 1:500 $100 Review
UAE N/A 1:1000 $10 Review
Cambodia SECC 1:100 $2,000 Review
Canada IIROC 1:33 $1000 Review
Russia Central Bank of Russia 1:1000 $1 Review
Australia, Cyprus ASIC, CySec 1:400 $100 Review
South Africa FSB 1:500 R5 000 Review
N/A 1000:1 $1 Review
Vanuatu N/A 1:800 $200 Review
Belize IFSC 1:1000 $1 Review
SVG N/A 1:2000 $100 Review
Philippines N/A 1:300 $250 Review
SVG N/A 1:500 $50 Review
Vanuatu N/A 1:300 $1000 Review
Belize N/A 1:400 $5 Review
UK N/A 1:500 $20 Review
Australia ASIC 1:400 $500 AUD Review
Cyprus CySEC 1:200 $1000 Review
SVG N/A 1:100 $300 Review
Vanuatu N/A 1:1000 $1 Review
UAE N/A 1:400 $10 Review
UK, New Zealand N/A 1:400 $100 Review
Dominica N/A 1:400 $1000 Review
SVG N/A 1:500 $1 Review
BVI FSC 1:500 $10 Review
Vanuatu VFSC 1:1000 $10 Review
Cyprus N/A 1:200 $100 Review
Belize IFSC 1:500 $500 Review
Cyprus CySEC 1:50 $100 Review
SVG N/A 1:500 $10 Review
N/A N/A 1:1000 $1 Review
Russia N/A 1:100 $100 Review
Ukraine N/A 1:500 $10 Review
Vanuatu VSCF 1:1000 $1 Review
SVG N/A 1:500 $100 Review
Vanuatu VFSC 1:500 $100 Review
Ukraine N/A 1:100 $200 Review
SVG N/A 1:200 $100 Review
Vanuatu VFSC 1:500 $100 Review
Vanuatu VFSC 1:500 $100 Review
Marshall Islands N/A 1:300 $100 Review
UK N/A 1:100 $100 Review
Not disclosed No 500:1 $1 Review
UK N/A 1:100 $200 Review
Dominica N/A 1:1000 $10 Review
Belize N/A 1:500 $500 Review
Hong Kong N/A 1:100 $100 Review
UK N/A 1:200 $250 Review
UK N/A 1:200 $100 Review
Labuan, Malaysia N/A 1:500 $30 Review
UK No 1:200 $200 Review
Vanuatu N/A 1:200 $5000 Review
Dominica N/A 1:1000 $2000 Review
UK N/A 1:400 $500 Review
UAE N/A 1:100 $500 Review
UK N/A 1:200 $250 Review
SVG FSA 1:1000 $10 Review
Dominica N/A 1:200 $250 Review
Marshall Islands, UK N/A 1:400 $500 Review
UK N/A 1:500 TradersCM Review
UK, Marshall Islands N/A 1:400 $200 Review
Mauritius N/A 1:400 $500 Review
Forex

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