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 Regulated Min.deposit Leverage Spread Promotion Review
$5 1:1000 0.5 Review Website
$100 1:400 1.8 Review Website
$100 1:400 1 Review Website
$5 1:888 1.1 100% Bonus Review Website
$100 1:400 2 Review Website
$1 1:3000 1 $5 bonus Review Website
$1 1:50 0.9 N/A Review
$1 1:200 1.2 Review
£100 1:400 1 Review
$50 1:200 (1:50 in US) 1.1 Review
$100 1:400 3 Review
$10 000 1:100 2 Review
  $1 1:1000 1 100% bonus Review
$300 1:500 2.2 Review Website
$200 1:400 1.3 $10 on deposit bonus Review
$250 1:500 1.6 Review
$250 1:500 0 Review Website
$1 1:400 1.8 Review
$25 1:100 0.9 Review
$100 1:200 2 Review
$250 1:200 0.9 Review
$50 1:400 1.4 10% Review
$1 1:500 0.9 Review
$1 1:400 1.7 Review
$20 000 1:100 2 Review
Review
$31 1:500 1.3 Review
$100 1:200 2 Welcome Review
  $25 1:500 1 110% bonus Review
$100 1:400 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
$1 1:200 1.7 Review
£50 1:100 0.8 Review
N/A 1:50 0.9 Review
$100 1:200 1.7 Review
$100 1:200 3 Review
$500 1:400 3 Review
$250 1:50 1 5% Bonus Review
$250 400:1 3 Review
$1 Review
  $1 1:1000 2 Review
$250 1:400 2.2 Review
$100 1:1000 1.2 pips 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 1:400 3 Review
  $1000 1:400 1 Review
  $1 1:500 1.3 Review
  $10 1:500 2 Review
  $10 1:1000 2 Review
  $1 1:1000 2 Review
  $100 1:100 3 Review
  $10 1:500 1 Review
  $1 1:1000 2 Review
  $100 1:500 1.6 Review
  $200 1:100 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
  $10 1:1000 3 Review
  $500 1:500 2 Review
  $250 1:200 3 Review
  $100 1:200 2.4 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
  $250 1:200 N/A Review
  $200 1:400 1.6 Review
  $500 1:400 1.5 Review
Forex

Related News

Saxo Bank to provide CFD traders with Direct Market Access (DMA)

Nov 30 2015 11:58:57 Stanimir Zhelev in Brokers

Saxo bank, a Danish bank specialized in providing online trading services, today announced that it will no longer act as a market on stock CFDs. Starting December 14 traders will be provided with faster and more transparent order execution, eliminating conflict of interest. Read more

FxPro Celebrates One Year as a NDD Forex Broker

Jun 10 2013 15:30:01 Hannah Levi in Brokers

It has been a year since FxPro said bye-bye to market making and switched to agency model (time flies, doesn't it!). Twelve months later, the broker looks back and shares with us its experience and evaluates its decision. Read more

Deltastock Expanding Its Activity on SIBEX Exchange

Oct 26 2012 08:11:55 Stanimir Zhelev in Brokers

Deltastock becomes Market Maker for two additional futures contracts on the Sibiu Stock Exchange (SIBEX) in Romania. The company was the first foreign broker to become Market Maker on SIBEX two months ago, and is now expanding its activity on the exchange. Read more

Deltastock is the first foreign broker to become Market Maker on SIBEX

Aug 27 2012 16:17:10 Stanimir Zhelev in Brokers

Deltastock is the first foreign broker to become Market Maker on the Sibiu Stock Exchange (SIBEX) in Romania. The company established a Bucharest branch back in 2007 and is now planning on expanding its activity in the country. Read more

Forex