There is often a lot of confusion around exactly what a market maker is and how a market maker operates in the Forex broking world. Market maker brokers are incredibly important to how the markets function. Without them you would have a very hard time being able to get your trades filled. There would be very low liquidity and you would often find yourself stuck in your trades.
In this post we go through the very best market maker brokers and their key features you can use in your own trading.
4
Payment methods
Trading platforms
Regulated by
Support
Min.Deposit
Leverage max
Currency Pairs
Classification
Mobile App
Min.Deposit
€250
Spread min.
Variables pips
Leverage max
100
Currency Pairs
40
Trading platforms
Funding Methods
What you can trade
Forex
Indices
Actions
Cryptocurrencies
Raw Materials
Average spread
EUR/GBP
-
EUR/USD
-
EUR/JPY
0.3
EUR/CHF
0.2
GBP/USD
-
GBP/JPY
0.1
GBP/CHF
0.3
USD/JPY
-
USD/CHF
0.2
CHF/JPY
0.3
Additional Fee
Continuous rate
Variables
Conversión
Variables pips
Regulation
No
FCA
No
CySEC
No
ASIC
No
CFTC
No
NFA
No
BAFIN
71% of retail investor accounts lose money when trading CFDs with this provider.
Min.Deposit
€100
Spread min.
-
Leverage max
400
Currency Pairs
50
Trading platforms
Funding Methods
Regulated by
CYSECASICCBFSAIBVIFSCFSCAFSAFFAJADGMFRSA
What you can trade
Forex
Indices
Actions
Cryptocurrencies
Raw Materials
Etfs
Average spread
EUR/GBP
1
EUR/USD
0.9
EUR/JPY
1
EUR/CHF
1
GBP/USD
1
GBP/JPY
1
GBP/CHF
1
USD/JPY
1
USD/CHF
1
CHF/JPY
1
Additional Fee
Continuous rate
-
Conversión
-
Regulation
No
FCA
Yes
CySEC
Yes
ASIC
No
CFTC
No
NFA
No
BAFIN
71% of retail investor accounts lose money when trading CFDs with this provider.
Min.Deposit
€100
Spread min.
1.3 pips
Leverage max
100:1
Currency Pairs
50
Trading platforms
Funding Methods
Regulated by
CYSECCFTCNFA
What you can trade
Forex
Indices
Actions
Cryptocurrencies
Raw Materials
Average spread
EUR/GBP
1.5
EUR/USD
1.3
EUR/JPY
1.6
EUR/CHF
3.1
GBP/USD
1.9
GBP/JPY
3.6
GBP/CHF
4.2
USD/JPY
1.5
USD/CHF
2.0
CHF/JPY
-
Additional Fee
Continuous rate
-
Conversión
1.3 pips
Regulation
No
FCA
No
CySEC
No
ASIC
Yes
CFTC
Yes
NFA
No
BAFIN
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Min.Deposit
€0
Spread min.
0.0 pips
Leverage max
2:1
Currency Pairs
50
Trading platforms
Funding Methods
Regulated by
CYSECASIC
What you can trade
Forex
Indices
Actions
Cryptocurrencies
Raw Materials
Etfs
Average spread
EUR/GBP
0.0
EUR/USD
0.0
EUR/JPY
0.0
EUR/CHF
0.0
GBP/USD
0.0
GBP/JPY
0.0
GBP/CHF
0.0
USD/JPY
0.0
USD/CHF
0.0
CHF/JPY
0.0
Additional Fee
Continuous rate
-
Conversión
0.0 pips
Regulation
No
FCA
No
CySEC
Yes
ASIC
No
CFTC
No
NFA
No
BAFIN
Trading leveraged products such as CFDs involves substantial risk of loss and may not be suitable for all investors. 83% of retail investor accounts lose money when trading CFDs with this provider. Trading such products is risky and you may lose all of your invested capital.
Compare Forex Brokers Fees:
Use our side-by-side comparison table to compare Forex broker accounts, spreads and fees.
Recommended
8cap
Visit Broker71% of retail investor accounts lose money when trading CFDs with this provider....
Forex.com
Visit BrokerCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money....
VantageFX
Visit BrokerCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money....
AvaTrade
Visit Broker71% of retail investor accounts lose money when trading CFDs with this provider....
Best Forex Market Maker Brokers
Moneta Markets
Moneta Markets | Regulation | Min Deposit | Market Maker | Open an Account | |
VFSC | $200 | Yes | Trade Now |
Pros:
- Huge range of markets to trade.
- Easy to use trading platform.
- Simple and easy to follow trading costs and commissions.
Cons:
- Minimum deposits sizes.
- No tier one regulation.
Moneta Markets is a market maker platform that offers trading on 300+ CFD’s.
With this broker you have access to large leverage up to 1:500 and are never charged any deposit fees.
Moneta uses their own trading platform that is very easy to use and place your trades with. You can use this platform in both real and demo modes which allows you to both make real money or practice your trading.
Moneta markets is a fast growing broker that is becoming very popular because of it’s large offering, solid customer support and easy to use platform.
Your capital is at risk.
FXCM
FXCM | Regulation | Min Deposit | Low Spreads | Open an Account | |
FCA, ASIC + others. | $300 | Yes | Trade Now |
Pros:
- Very good education available.
- Easy to quickly open an account.
- Multiple account types available.
- Low spreads.
Cons:
- Not as many markets as others.
- Higher minimum deposit.
FXCM is a leading global broker that has been offering it’s services since 1999.
FXCM has a huge range of trading services that include foreign exchange (FX) trading, CFD trading and spread betting. With FXCM you have access to multiple trading platforms, tools and premium resources to help you gain an edge over the markets.
One of the reasons so many choose to trade with FXCM is because of their extensive range of markets you can trade. You get access to everything from Forex, shares, cryptocurrencies, commodities and indices.
Your capital is at risk.
Plus500
Plus500 | Regulation | Min Deposit | Market Maker | Open an Account | |
ASIC, FCA + Others | $100 | Yes | Trade Now |
Pros:
- Easy to use trading platform.
- Smaller minimum deposit.
- Quick and easy to open an account.
- Fast and helpful customer support.
Cons:
- Some countries not accepted.
- Educational resources not as great as others.
Plus500 is a market maker broker that offers their own trading platform that is very easy to use.
This broker offers trading on pretty much every market you could think of. If you cannot find what you are looking for on another broker, then Plus500 is probably for you. After signing up you get access to everything from Forex through to options and even ETF trading.
Plus500 offers large leverage, very small spreads and no commission trading making it a very good options for many different types of trading strategies.
Your capital is at risk.
AvaTrade
AvaTrade | Regulation | Min Deposit | Market Maker | Open an Account | |
ASIC, FSCA + Others | $100 | Yes | Trade Now |
Pros:
- They allow many different trading techniques.
- Many assets.
- 30 different languages.
- They offer Islamic accounts.
Cons:
- Minimum deposits sizes.
- Inactivity and overnight fees.
- US and Belgian customers are not accepted.
AvaTrade was established in 2006. They are highly reputable and are regulated by 7 jurisdictions.
This strong regulation allows AvaTrade to reach offer products to most parts of the world including the UK, Singapore, Australia,and the Middle East. Note: clients from the US or Belgium are not accepted.
AvaTrade offers a variety of assets and it is one of the best brokers for forex trading because it has 50 currency pairs that range from major, minor and exotic.
Along with being able to trade a huge range of Forex pairs you can also trade options, ETFs, bonds and commodities.
AvaTrade offers many different account types, and the availability will vary depending on the jurisdictions. The options are retail, professional, options, spread betting, and standard. A demo account, and Islamic accounts are also a possibility.
Another large bonus of AvaTrade is that they offer their services in 30 x different languages.
Your capital is at risk.
Forex.com (for US)
Forex.com | Regulation | Min Deposit | Market Maker | Open an Account | |
NFA, CFTC + Others | $100 | Yes | Trade Now |
Pros:
- Low FX fees.
- Numerous trading pairs.
- A wide range of research tools.
- Offers MT4 and other trading platforms.
Cons:
- Limited product portfolio.
- High stock CFD fees.
Forex.com has established itself as one of the best brokers in the world.
This is our number one recommendation for traders in the US as they have strong regulation including being regulated with the CFTC.
With Forex.com you get access to spreads as low as 0.2, the ability to trade on over 80 currency pairs and a wide range of trading platforms.
The MT5 platform on Forex.com comes with 20 free, easy to install EAs and custom indicators. When opening an account with forex.com you also get access to the full suite of downloadable, web, and mobile apps.
Your capital is at risk.
What is a Market Maker Broker?
Market maker brokers often get a bad wrap from retail traders who don’t fully understand how the markets function.
Market maker brokers are a very important part of how the financial markets operate. Market makers ensure that there is enough liquidity for you as a trader to place and also exit your trades.
Without market maker brokers it would be almost impossible for you to make your trades.
Why Would You Use a Market Maker?
Market maker brokers will often have far better trading platforms and trading conditions.
Because these brokers are making the market they can give you better trading costs and will also normally invest to create better platforms.
This gives you the ability to seamlessly make and manage your trades.
Things to Consider With a Market Maker?
You need to carefully consider any broker you trade with and this is the same with a market maker.
The things you should take into account are their reputation, what they offer and the type of regulation they have in place.
Often the best thing you can do is sign up to a free demo account and test out a market maker to see if they suit your style of trading.
FAQ’s
What is a Market Maker?
Market makers are a key cog in the financial markets. They ensure there is always enough liquidity for you as a trader to place your trades. Without market maker brokers it would be almost impossible to make your trades.
How do Market Makers Lose Money?
Market makers lose money the same way you do. If they enter a position and it goes against them, then they will lose.
Do Market Makers Trade Against You?
Market makers are 'making' the market. They are taking the other side of your trade so you can execute your trade. If you lose, then they will win.
Leave a Reply