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 Regulated Min.deposit Leverage Spread Promotion Review
$5 1:1000 0.5 Review Website
$5 1:888 1.1 100% Bonus Review Website
$1 1:50 0.9 N/A Review
$100 1:400 3 Review
$1 1:200 1.2 Review
£100 1:400 1 Review
$50 1:200 (1:50 in US) 1.1 Review
$10 000 1:100 2 Review
  $1 1:1000 1 100% bonus Review
$300 1:500 2.2 Review
$200 1:400 1.3 $10 on deposit bonus Review
$250 1:500 1.6 Review
$250 1:500 0 Review
$1 1:400 1.8 Review
$500 1:500 2 Swap free accounts Review
$25 1:100 0.9 Review
$100 1:200 2 $20 Bonus Review
$25 1:100 Review
$250 1:200 0.9 Review
$50 1:400 1.4 10% Review
$25 1:400 3 Review
$1 1:500 0.9 Review
$1 1:400 1.7 Review
$100 1:400 2 Review
Review
$1 1:3000 1 $5 bonus Review
$31 1:500 1.3 Review
$100 1:200 2 Welcome Review
$100 1:400 1.8 Review
  $25 1:500 1 110% bonus Review
$100 1:400 2 Review
  $100 1:200 2 Review
$50 1:500 1 30% Review
150 GBP 1:400 1 Review
$100 1:200 3 5% bonus Review
$1 1:200 1 Review
$1 1:200 1.2 Review
$1 1:100 1.8 Review
$50 1:500 0.6-2 Review
$5 1:500 0 Review
$1 1:100 1 Review
$200 1:500 2 Review
$300 1:400 2.0 pips Review
Review
  $10 1:500 2 pips up to 100% Review
$2 1:2000 0.9 Review
$500 1:400 1 Review
  $1 1:3000 2 Review
$100 400:1 2.4 Review
$10 1:175 0.7 Review
$250 200:1 1.8 Review
1:100 1.2 Review
$300 1:500 1.4 Review
$300 1:200 1.7 Review
$1 1:1000 1 Review
  $20 1:200 1.2 Review
$250 1:200 1.9 Review
$100 1:400 3 Review
$50 1:200 1.3 Review
$500 1:500 1.8 Review
$2000 1:100 2 Review
$200 1:400 1.2 Review
$200 1:200 3 Review
$250 1:200 1.5 Review
$250 1:100 2.8 Review
$50 1:400 3 Review
$250 1:500 3 Review
$300 1:400 1.8 Review
$1000 1:200 3 Review
$/€/BGN 100 1:200 Review
$250 1:50 1 5% Bonus Review
$250 400:1 3 Review
  $1 1:1000 2 Review
$250 1:400 3 Review
  $10 1:1000 1.1 30% Bonus Review
$1 1:200 1 Review
$200 1:500 2.5 Review
R5 000 1:100 1 Review
$100 1:500 1.2 Review
  $10 1:1000 1.5 Review
$2,000 1:100 3 Review
$1000 1:33 2 Review
  $1 1:1000 3 30% Bonus Review
$100 1:400 5 Review
R5 000 1:500 3 30% Bonus Review
  $1 1000:1 2 Review
  $200 1:800 3 Review
$1 1:1000 2 Review
  $100 1:2000 2 Review
  $250 1:300 1.8 Review
  $50 1:500 2,5 Review
  $1000 1:300 2 Review
  $5 1:400 1.7 Review
  $20 1:500 1.5 Review
$500 AUD 1:400 2 up to $5000 Review
$1000 1:200 3 Review
  $300 1:100 1.7 Review
  $1 1:1000 3 Review
  $10 1:400 3 Review
  $100 1:500 1 Review
  $100 1:500 2.5 Review
  $1 500:1 1.5 $20 Review
  $200 1:100 3 Review
  $200 1:200 2 pips Review
  $5000 1:200 3 Review
  $2000 1:1000 1 Review
  $500 1:400 3 Review
  $1 000 1:500 2.2 Review
$1 1:100 1.5 Review
  $500 1:400 1.5 Review

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