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Resolved Question
What is the difference between market maker & ecn broker and which one is the best??
about 1 year ago
Best Answer - Chosen by Voters
This question has been answered before. You can check out ninja's very detailed answer about the difference between market makers (dealing desk brokers) and ecn (non-dealing desk brokers) in the link i posted below.
about 1 year ago
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Answers (1)
Market makers are here to provide liquidity, so most of the times they will end up taking the other side of your trade meaning if go long their on the short side and vice-versa. ECn brokers say they pass your trades on to the interbank market and not take the other side of your trade but you'll never know unless your behind their deal desk. As to which one is better, the answer is none. It doesnt matter wich you use because whether you trade with a market maker or ecn broker, someone is going to take the other side of your trade regardless. One more thing, trading in the real interbank market requires lots of capital$$$. Trust me, after twenty years experience I know!!! GOOD LUCK
about 1 year ago
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