We found 11 online brokers that are appropriate for Trading A Book Versus B Book Brokers Platforms.
The world of Forex trade has two major business models. These are A-book and B-book. Both of them explain how liquidity is provided for traders. That is to say, each of these brokers will decide on either being a counterparty or intermediary. For better understanding, we will be explaining both comprehensively.
This can also be called straight-through processing (STP) broker. They are also known as non-dealing desk brokers. These types of brokers make money by altering the spreads. In other words, they make some changes and modifications. The terminal of a trader is directly connected to a liquidity provider.
Any broker that tends to operate based on this model will be passing orders to the liquidity provider directly. Some brokers may have their liquidity pool. Conversely, other brokers may decide to pass such on to another liquidity pool. It all depends on their setup. There are two major ways A-book brokers make money. The first is by having to increase the spread. The second is charging commissions based on order volume.
There is no problem related to conflict of interest. The same money charged to winning traders is what losing traders also pay. Their earnings are only on commissions and margins. It means that they do not take too much risk. The implication of such is that A-book brokers do not earn much. There is one major advantage that these brokers tend to provide, though. It is the fact that the business of clients will not be affected. Remember, there is nothing like a conflict of interest.
On the other hand, there is one downside; this is the fact that traders may likely experience variable spreads. Anytime liquidity seems high, expect the spread to be low and vice versa. If you are going to be trading exotic pairs, expect this to be more obvious.
The first thing you need to know about B-book brokers is that they are operating under a popular concept. They are known as market makers. It is due to how they decide to trade against their clients. In this case, the trader is not linked directly to any liquidity pool. Instead, they are acting as counterparties to trades. For instance, you decided to have a sell order placed. In such a case, the broker is going to buy from you. Also, your broker will be selling to you anytime a buy order is placed. It is the complete opposite of A-brokers explained above. A clear example is that there are likely conflicts between brokers and their clients.
One of the major advantages of using these brokers is that trades will always enjoy great execution orders even when there seems to be low liquidity. It is because the broker is playing the role of a market maker. Another benefit is that spreads are fixed. You do not have to worry about experiencing any variation. Whether you are trading during market hours or off-peak periods, there is always the possibility that the spread is fixed. It means you can open and close positions at any time without incurring additional costs.
There are some drawbacks that you need to know when choosing a B-book broker. For instance, trading whenever there seems to be a market shock is very difficult. Again, the conflict of interest is a serious problem. When traders are making money, brokers are losing and vice versa. It is why many experts have claimed that B-book brokers profile their clients to lose money.
There is every reason to believe that you must have discovered the differences between A-book brokers and B-book brokers. It is all about considering their pros and cons before choosing which one to trade with.
We have conducted extensive research and analysis on over multiple data points on A-Book Versus B-Book Brokers to present you with a comprehensive guide that can help you find the most suitable A-Book Versus B-Book Brokers. Below we shortlist what we think are the best A Book Versus B Book Brokers Trading Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching A-Book Versus B-Book Brokers.
Selecting a reliable and reputable online A Book Versus B Book Brokers Trading Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade A Book Versus B Book Brokers Trading Platforms more confidently.
Selecting the right online A Book Versus B Book Brokers Trading Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for A Book Versus B Book Brokers Trading Platforms trading, it's essential to compare the different options available to you. Our A Book Versus B Book Brokers Trading Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a A Book Versus B Book Brokers Trading Platforms broker that best suits your needs and preferences for A Book Versus B Book Brokers Trading Platforms. Our A Book Versus B Book Brokers Trading Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top A Book Versus B Book Brokers Trading Platforms.
Compare A Book Versus B Book Brokers Trading Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a A Book Versus B Book Brokers Trading Platforms broker, it's crucial to compare several factors to choose the right one for your A Book Versus B Book Brokers Trading Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are A Book Versus B Book Brokers Trading Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more A Book Versus B Book Brokers Trading Platforms that accept A Book Versus B Book Brokers Trading Platforms clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
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Used By | 180,000+ | 1,000,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, TradingView, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
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Up with fxpro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | 76-83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare A Book Versus B Book Brokers Trading Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top A Book Versus B Book Brokers Trading Platforms for 2024 article further below. You can see it now by clicking here
We have listed top A Book Versus B Book Brokers Trading Platforms below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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