Forex Brokers That Accept Dixipay Payment Method for Deposit and Withdrawal

They are different in terms of service. A broker makes money by bringing together assets to buyers and sellers. Meanwhile, a market maker helps create a market for investors to buy or sell securities.

Continue Reading at What Does a Market Maker Do Behind You?

To avoid scam brokers who often intervene in clients' orders. NDD brokers usually channel their clients' orders directly to the market or bigger NDD brokers. In this case, clients do not trade against the broker but directly against the market.

Furthermore, the spread in NDD brokers normally follows the real market's fluctuation but is generally lower than in other brokers. Some broker variants categorized under the NDD brokers are STP (Straight Through Processing), ECN (Electronic Communication Network), and DMA (Direct Access Market).

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These are some of the best Malaysian brokers to consider:

1. Tickmil: LFSA with License Number MB/18/0028.
2. FBS: LFSA with License Number MB/18/0028.
3. IFC Market: LFSA with License Number MB/20/0049.
4. ICM Market: LFSA with License Number MB/18/0029.
5. Hirose: LFSA with License Number MB/15/0006.
6. Deriv: LFSA with License Number MB/18/0024.
7. XM Malaysia: Not regulated by the LFSA.

Continue Reading at Top Forex Brokers for Malaysian Traders

Here are some tips to identify forex broker scams:

1. Check their contact support.
2. Beware of unrealistic promises.
3. Review them online.
4. Check their regulation.
5. Always check your monthly statement.
6. Try trading with small capital.
7. Make withdrawal.

Continue Reading at How to Avoid Forex Broker Scams