Market Makers”: An Essential Guide to Forex Trading
A market maker in forex is a bank or broker that stands ready to buy a currency at their published buying price or to sell a currency at their published selling price. Market makers provide continuous liquidity to traders by creating a two way market for every currency they trade. They act as a counterparty to both buyers and sellers to help reduce trading costs and keep the market moving. Market makers will take the opposite side of a given trade, thus providing much needed liquidity to the market. They will also be able to offer more competitive prices than those set by the spot market makers.