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Leverage 1:2000
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Only $1 Min Deposit
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Additional FAQ

A Dealing Desk broker sets both the bid and asks prices on their systems and makes transactions at these prices with their clients. By doing so, the broker acts as the liquidity provider of the market.

This broker type is also sometimes called a B Book broker. To generate income, Dealing Desk brokers would charge spread to their customers. Spread is the difference between the ask and bid price and is often fixed by the market maker.

Usually the spread amount is usually quite reasonable due to tough competition with other market makers.

Continue Reading at 5 Signs Your Broker Trades Against You

The issues that are often mistaken for broker problems are interrupted trading orders, slippages, requotes, spread widening, and withdrawal issues.

In fact, most of these issues can be caused by market volatility.

Continue Reading at How to Deal with Problematic Brokers in 6 Easy Steps

These brokers have been selected based on a comprehensive analysis of various factors, ensuring they provide a well-rounded and beneficial trading experience for Indian traders:

  1. Interactive Brokers: Has a physical office in Mumbai.
  2. Exness: Support Hindi language.
  3. XM: Support local bank transfers.
  4. Admirals: Has local phone number and e-mail.
  5. FP Markets: Support deposit using INR.
  6. HF Markets: Offer promotions and bonuses for Indian clients.

Continue Reading at Top Forex Brokers in India

True ECN brokers do not profit from spreads but charge commission fees on each traded lot. The spreads on ECN accounts fluctuate based on market conditions and align with prices provided by liquidity providers. In the case of ECN brokers, the commission fee is more critical than the spread.

Continue Reading at ECN vs Fixed Spread, Which Type is Better?