Are cryptocurrency exchanges ECN or market makers?

The other day I wrote an article about Ripple brokers and I realized one thing: The so-called exchange houses have very different spreads from each other, at least with certain instruments, such as Ripple.

I want to be a broker

I want to be stock broker Most of the people without experience in the investing world think that a broker is someone who is buying and selling in the financial markets making a living

Bucket shops and market makers

Jesse Livermore spent many years trading in the bucket shops until the day he was too known and not able to trade there anymore. In a chapter of is marvellous book, Reminiscences of a

Are ECN brokers a scam?

There are several trends in the Forex and trading retail markets nowadays. One that seems to be very popular is the fact that more and more brokers are claiming that they are ECN brokers,

How to choose a market maker broker

A lot of people, especially those who have experience in the markets, think that it is not a good idea to open an account with market maker brokers. Those who are new in the

The fateful Forex Black Thursday

The 15th of January 2015 will be remembered as one of the most historic days in the history of financial markets, the Forex´s Black Thursday. That day, tens of thousands of traders around the

What are CFDs?

CFDs (Contracts For Difference) are a financial derivatives which allows us to trade in financial markets with additional leverage. As their name implies, it is a contract between two parts, normally the trader and

The random character of day trading systems

One of the best growing sectors of the last ten years have been that of trading systems and its related services, thanks to the massive growth of the Internet around the World.  Many years

Are market makers a scam?

There are millions of traders around the world that think that they have been scammed by the very well-known practices of market maker brokers. Although if we investigate a bit further, we will realize

Victor Sperandeo, an Options Wizard

When I read Victor Sperandeo´s interview in The New Market Wizards, I thought that it was going to be one of the worst, since his first success came as a market maker trading options

Monroe Trout. Master of Risk Management

Monroe Trout Market Wizards Monroe Trout interview was one of the simplest of the book The New Market Wizards. Trout explains how most of his trading is based on a constant study of different

ECN or a market maker forex broker?

What is an ECN/STP Broker?   Last years the number of ECN/STP forex brokers (Electronic Communication Network/Straight Through Process) has exploded, and it seems that everybody wants to trade with an ECN broker nowadays.