Saturday, March 28, 2009

Type of financial brokerage companies

Many traders novices may not know that there is more than one type of financial brokerage companies and may result in the selection of a fictitious or non-credible, and so on.
To clarify the vision of the new Mtdaulin and perhaps some experienced traders .. I love that you reviewed the types of financial brokerage companies in the market and the most important differences between them.
Brokerage firms are classified in several forms, but, God willing, I will try to explain more species are defined in the market and will address the most common classifications.
God's help we begin.


1 - Bucket Shops
This type of financial intermediation is not connected directly with a realistic and true market Alfruks where he did not carry out any deal, directly and are not working any transaction between the market and where to go in the treatment (Aquarius) is not implemented at all, but in fact this is the mediator of such betting against Working a deal. In any case, this type of brokerage firms in doubt prefer to avoid. And is illegal in the United States.

2 -Book Makers
This type of brokerage firms, very similar to the first of its kind in that it is not deal directly with the Forex market, but that the deal will be outstanding (or reserved) to achieve one of two things when the profit or loss and reap the profits of the company teams Alsebred. This type of company is prohibited in the United States and some other countries. These companies also known as the Spread Betters Spread Betting Companies or any betting companies. An example of this type of company Delta


3 -Retail Market Maker
Brokerage firms are the most widespread and knowledge in the midst of a world-related companies and is the Forex market Forex is a direct contact with market transactions and this method of communication vary from company to company in addition to the fact that each company provide services similar to and different from the rest of the companies. These companies suitable for beginners, taking into account the services provided by each company, such as differences in the accounts of Islamic Alsebred, and the crane, and technical support, deposit, withdrawal and Gerlk.
Examples of these companies and FXCM FXSOL famous private company.


4 - Institutional Market Maker
Companies are very close to the Forex market and related through the channels faster and better-known retail companies and is very appropriate for all traders, whether beginner or veteran, but the amount required to begin high brokerage firms from the rest of the foregoing. Examples of an institution's market-makers FX PDF

5 - Institutional Forex
Is an institution with about 200 global bank and one of the cornerstones of the Forex market where direct contact with the market is trading between banks within and therefore do not allow the circulation of individuals, but only banks. Example of such institutions on the company's ABC ICAP
These are the most important and most types of financial brokerage companies, as we have seen the best selection of companies is Mbaidi retail market makers, institutions with extreme caution from the first two types, where they are working freely in some countries is not a violation of the law firms in those countries

Adseas


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