Best Market Maker Brokers Guide
Market Maker
The so-called Market Maker is a model in the financial market and it is a little different from NDD, the No Dealing Desk.
Both the terms are related to brokers and you can choose either according to your trading needs. However, let us first understand the term 'Market Maker'.
Market maker brokers are those who "make the market." They operate a dealing desk and not as an NDD. They act between traders and liquidity providers.
Market Maker Characteristics
Market Maker brokers act like trade counter parties and push in liquidity to buy positions first and thereafter splinter these to several smaller chunks for the purpose of reselling to clients.
It can be said that the Market Maker brokers buy from those traders who want to sell and again sell the same to traders who want to buy.
The orders which are placed by traders go through a trading station called a dealing desk where orders are handled and routed. Traders are offered fixed spreads.
The best part of Market Maker brokers is that they don't charge a commission. They make their money from spreads.
Market Maker Advantages
- The minimum deposit is not much and spreads are fixed at Market Maker brokers.
- The platforms provided are better and user-friendly compared to other platforms.
- The entry point is low as it is a thumb rule that activity boosts liquidity.
Market Maker Disadvantages
- Price quotes of Market Maker brokers and liquidity providers differ. This ignites price manipulations and one of the common methods is stop hunting.
- Usually, Market Maker brokers don't give favorably transparent conditions, so make sure you read the terms and conditions and reviews.
- Market Maker brokers usually follow a requotes policy.
Why choose Market Maker Brokers
If you have small capital, dealing desk brokers are better than NDD. An added advantage to it is that the platforms offered are easy and user-friendly.
Market Maker brokers don't charge commission and this lures in traders. You just need to pay the difference of spread.
NDD brokers usually charge a fee for each trade. If not, the charges can be on the basis of per month volumes. For small capital, NDD is not economical.
The traders who have the capacity of a bigger deposit size can easily meet the minimum deposit need of NDD or ECN account. However, experts suggest opting for NDD.
NDD Advantages
- You can trade with the anonymity and the dealing desk department cannot monitor your trading activities.
- You get better fills and the orders are not met with slippage.
- Transparency is maintained. You get exactly the same as what you see.
NDD Disadvantages
- Trading is costly with NDD brokers due to changes in the form of commissions apart from paying spreads.
- During the volatile markets, the spreads widen up and so the cost of trading increases.
- NDD brokers usually ask for a high initial deposit.
Market Maker Verdict
Market Maker is one of the best financial models for traders with small capital and who want to spend less cost in the trades. The platforms provided are easy and user-friendly.
Market maker brokers follow requotes policies, this is one of the primary disadvantages with market makers.
We've collected thousands of datapoints and written a guide to help you find the best Market Maker Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best market maker brokers below. You can go straight to the broker list here.
Reputable Market Maker Brokers Checklist
There are a number of important factors to consider when picking an online Market Maker trading brokerage.
- Check your Market Maker broker has a history of at least 2 years.
- Check your Market Maker broker has a reasonable sized customer support of at least 15.
- Does the Market Maker broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Market Maker broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Market Maker broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Market Maker broker can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Market Maker Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Market Maker Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Market Maker Brokers of 2020 compared
Here are the top Market Maker Brokers.
Compare Market Maker Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are market maker brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more market maker brokers that accept market maker clients
| Broker |
eToro
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XTB
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IC Markets
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FP Markets
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Pepperstone
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Plus500
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FXPrimus
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Roboforex
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| Rating | ||||||||
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) | Cyprus Securities and Exchange Commission (CySEC) |
| Min Deposit | 200 | No minimum deposit | 200 | 100 | 200 | 100 | 100 | 1 |
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| Used By | 12,000,000+ | 250,000+ | 60,000+ | 10,000+ | 10,000+ | 15,500+ | 10,000+ | 10,000+ |
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| Platforms | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with icmarkets |
Sign
Up with fpmarkets |
Sign
Up with pepperstone |
Sign
Up with plus500 |
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Up with fxprimus |
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Up with roboforex |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | 80% 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. | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% 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 | 80.5% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Losses can exceed deposits |
| Demo |
eToro Demo |
XTB Demo |
IC Markets Demo |
FP Markets Demo |
Pepperstone Demo |
Plus500 Demo |
FXPrimus Demo |
Roboforex Demo |
| Excluded Countries | US, IR, KP, BE, CA, JP, SY, TR, IL, HK | US, IN, PK, BD, NG , ID, BE | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, JP, NZ | BR, KR, IR, IQ, SY, JP, US | BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, JP |
All Market maker brokers in more detail
You can compare Market Maker Brokers 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 Market Maker Brokers for 2020 article further below. You can see it now by clicking here
We have listed top Market maker brokers below.
Market Maker Brokers Table of Contents
- Market Maker Brokers Explained
- 6 Factors to Consider when Choosing Market Maker Brokers
- Are Your Market Maker Brokers Trusted And Established?
- Are The Market Maker Brokers World Leading?
- What are the Market Maker Brokers Commissions and Fees?
- What are the Market Maker Brokers Funding and Withdrawl Methods?
- Find Market Maker Brokers with Round-the-clock support?
- Make sure the Market Maker Brokers Offer Comprehensive Trader resources?
- Why do Market Maker Brokers need to be regulated?
- Market Maker Brokers FAQ
- What are the best Market maker brokers?
- What is the best Market ma broker?
- Related Market Maker Brokers Reviews
- Related Market Maker Brokers Alternatives
- Related Market Maker Brokers Comparisons
Market Maker Brokers Explained
Trading the financial markets with Market Maker Brokers when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Market Maker Brokers is the platform that a Market Maker Brokers offer.
Choose Market Maker Brokers that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Market Maker Brokers that you can rely on.
6 Factors to Consider when Choosing Market Maker Brokers
Follow these five rules for selecting a broker that's right for you:
Are Your Market Maker Brokers Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Market Maker broker is eToro. Established in 2006, and in operation for 12 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is XTB.
XTB was established 2002, and in operation for 16 years XTB have a head office in Poland.
XTB is regulated. This means XTB are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
eToro
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XTB
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IC Markets
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FP Markets
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| Year Established | 2006 | 2002 | 2007 | 2005 |
| Head Office | Cyprus, UK | Poland | Australia | Australia |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) |
| Used By | 12,000,000+ | 250,000+ | 60,000+ | 10,000+ |
| Negative balance protection | No | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No |
| Learn More | Visit eToro | Visit XTB | Visit IC Markets | Visit FP Markets |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | 80% 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. | Losses can exceed deposits | Losses can exceed deposits |
Are The Market Maker Brokers World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 100 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, eToro supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. eToro is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Market Maker Brokers is XTB . XTB Segregates clients funds and offers over 1,500 instruments.
| Broker |
eToro
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XTB
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IC Markets
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FP Markets
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| Instruments Available | 100 | 1,500 | 232 | 100 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps |
| Excluded Countries | US, IR, KP, BE, CA, JP, SY, TR, IL, HK | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US | US, JP, NZ |
| Forex pairs offered | 50 | 50 | 65 | 60 |
| Forex pairs offered | 50 | 50 | 65 | 60 |
| Major forex pairs | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes |
| Cryptocurrencies | Yes | Yes | Yes | Yes |
| Commodities Offered | 0 | 21 | 19 | 18 |
| Metals | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes | Yes |
| Stocks Offered | 957 | 1696 | 100 | 10000 |
| UK Shares | Yes | Yes | No | Yes |
| US Shares | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes |
What are the Market Maker Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Market Maker broker eToro offers competitive offers for CFDs, Social Trading. eToro minimum deposit is 200.
Another top rated Market Maker broker XTB offers Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0.
| Broker |
eToro
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XTB
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IC Markets
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FP Markets
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| Min Deposit | 200 | 0 | 200 | 100 |
| Withdrawl Fees | Yes | varies | No | No |
| Inactivity Fees | Yes | No | No | No |
| Deposit Fees | No | No | Varies | Yes |
| CFD Commission Fees | No | Yes | Yes | Yes |
What are the Market Maker Brokers Funding and Withdrawal Methods?
When dealing with Market Maker Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
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XTB
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IC Markets
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FP Markets
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| Bank transfer | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes |
| Skrill | Yes | Yes | Yes | Yes |
| Payoneer | Yes | Yes | No | |
| Neteller | Yes | Yes | Yes | Yes |
Find Market Maker Brokers with Round-the-clock support?
Customer service is very important when dealing with Market Maker Brokers.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Market Maker Brokers customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, and Italian
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
eToro and XTB offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
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XTB
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IC Markets
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FP Markets
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| Support |
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| Languages | English, German, Spanish, French, and Italian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese |
| Learn More | Visit eToro | Visit XTB | Visit IC Markets | Visit FP Markets |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | 80% 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. | Losses can exceed deposits | Losses can exceed deposits |
Make sure the Market Maker Brokers Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and XTB work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why do Market Maker Brokers need to be regulated?
A regulated Market Maker broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Market Maker brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Market Maker Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account