foreign exchange dealerTypes can sometimes be confusing。Your choices can either make or break you.。If you want to be successful in Forex trading, you really need a goodDealers。

  Just like choosing a party costume, chooseforeign exchange dealerType may determine the success or failure of your first impression。I mean, if you want to attract some ladies with a forex trading success story, you really need a goodDealers。

Whyforeign exchange dealerType is important？

As we all know,foreign exchange dealerThere are various types, from high quality traders to bad speculators。As a beginner, you may not know all the details, but it's important to be able to tell which type at a glance。

Select the appropriateforeign exchange dealertype can enhance your trading performance, or at least reduce the risk of margin loss。

We can understand it this way: you want to buy a plate of eggs.。You first look for a shop that sells eggs。Next, you can choose whether to buy it at a farmers market or a retail store。Now, the most important part is, can you get the best deal out of it？Is this the cheapest egg you can find?？Are all eggs intact and not broken?？Forex trading is the same.。To trade, you first need aforeign exchange dealer。Then you can choose one of the followingforeign exchange dealerType:

Trading DesktopDealers： It's basically the equivalent of a farmer's market。All assets and products come from the producers themselves。

Non-Trading DesktopDealers： this type ofDealersdo not produce their own products, so they need other aspects to keep supply flowing。

Depending on your capital strength and trading style, one of theforeign exchange dealertype can greatly affect your trading performance, while another type can weaken it。So, what kind is right for you？

Trading DesktopDealers vs non-trading desktopDealers

This section may cause you to argue with other traders。Because other people often claim other types offoreign exchange dealerIt's all a scam。Instead of discriminating or standing in line, I will break down every availableforeign exchange dealertypes so that you can consider which is more suitable for you:

a. Trading DesktopDealers

If anyone insists100% trading deskDealersThey're all speculators, so ignore him.。In fact, speculators are only interested in taking money from their clients。Real Trading DesktopDealersIn fact, they may provide liquidity on the other side of market orders。This means that if liquidity is scarce (usually during news releases), they must also take the risk of losing money。

Trading Desktopforeign exchange dealerManage its price quotes directly, while transmitting both buy and sell quotes to customers。

Trading Desktopforeign exchange dealerType to manage its price quotes directly。In other words, they transmit both buy and sell quotes to your trading terminal。So if your trading deskDealersInfrequent re-quotations or severe slippage when displaying price quotes, you can rest assured and be confident that they are trading fairly。

Secondly, theseforeign exchange dealertype is not always in the opposite direction of your order。They may occasionally pass on a customer's order to other customers or liquidity providers。In short, in this market environment, anyone still has a chance to win。

Finally, due to the flexibility of market order flows, trading desksDealersNo commission or spread mark-up is required to operate the business。That's why trading deskDealersmay provide its customers with zero point difference, no commission or even no overnight fee。

b. Non-Trading DesktopDealers

Most professionals would say that this is all qualityDealersLocation of。I agree with this, but this only applies to professionals。But why only for professionals?？First, the non-trading desktopforeign exchange dealertype does not pass the customer's order to their own trading desk。This means that if you are a buyer with a specific buy order, theDealerswill have to match it to the actual seller。This seller (or buyer) can be another customer or liquidity provider。That sounds fair and nice, right？But unfortunately, this also brings a drawback。

Non-Trading DesktopDealersOrder will not be delivered to trading desk。

Instead, they build a network where your market orders will be paired with actual hedging trades

Non-Trading DesktopDealersnetworks rely heavily on their external liquidity providers, which means they have to build a support structure。In the process, they have to raise the price slightly to keep the business running, which ultimately increases your transaction costs。So, essentially, you can get it from a non-trading desktop.DealersGet the best transparency and fair prices there。

However, due to the nature of the network, a slight slippage or commission is inevitable。This is the non-trading desktop.Dealersreasons for veteran traders, as they do not mind higher transaction costs as long as their trading takes place in a transparent network。

结论

Choose the rightforeign exchange dealerType determines your trading experience。This is a factor that you cannot ignore if you wish to avoid unnecessary losses while learning Forex trading。If you are a beginner, consider choosing Trading DesktopDealerstrading because of non-trading desktopDealersYour transaction costs are very low compared to。Also, don't be afraid to trade with the desktopDealerstrade, they are not all inferior speculators。And most importantly, how do they operate the market quote transparently。Choose those that don't come up often"Slip"Dealers。