Similar to stocks, foreign currency traders also have two types:
One is gambling with you. He built a warehouse between the system and the bank. Your list is traded in his warehouse at a high point, and it is connected to ECN (with little dot difference) to complete its internal transaction. Through these two steps, it makes a difference in the middle. In this way, your transaction price broker has the final say, And it prefers to do something to make you lose money.
Another method is to directly connect to the ECN network and directly send the list to the banking system for matching. With one link missing, you can get low-end transactions and high-quality transactions, so no one is playing tricks in the middle. This is the same as how we trade A shares. We can see the quotation and quantity.
ECN is a relatively new and better trader. It is recommended that you give priority to ECN. Recommended a widely acclaimed: http://www.mbtrading.com/fx/
Below is a netizen's:
Traditional brokers make money when you lose money because they are gambling. Therefore, they wish you to lose money, modify quotations, and cut off the Internet. But there are some good reputation, but this is relatively small, such as: oanda, http://www.oanda.com/