Market Making Brokers

  1. What is Market Making Broker?
  2. Best Market Making Trading Brokers
  3. Is Interactive Brokers Market Making?
  4. Is Market Maker trade against the trader?
  5. Markets Making Brokers List

What is Market Making Broker?

Market Making Brokers are the market member companies, which are eligible to provide both sell and buy quotes through their system to the clients while Market Makers are also liquidity providers, which means the broker fills client orders.

In fact, Market Makers are usually the most trusted companies since their operation runs from the very establishment of Online Trading, usually respected and a big corporation that operates huge trading amounts and follows rules created by the stock exchange. Read about Market Maker on Wikipedia.

💰 SpreadFixed Spread typically from 1 pip or Variable Spread from 0.6 pip
📊 CommissionNo
🔒 RejectionNo
📈 StrategiesNo Restrictions

What is Market Making Platform?

A market maker is a dealer in securities or other assets who undertakes to buy or sell at specified prices at all times. While Market Making Platform is offered by market making Broker that functions as a dealer.

Read our key takeaways about market maker brokers, as well as check out market making trading advantages and disadvantages below:

  • The Market Makers work by a simple model means selling to client when he wants to buy and buying when he wants to sell, which also indicates that the broker controlling the prices orders are filled in.
  • Market Making operations, however, may occur brokers’ set the markup or spread higher than regular, also control of order filling sometimes causes conflicts of interest as MM brokers may manipulate the price feed or put some trading strategies into manual execution mode. Yet, that shouldn’t sound very scary since there is a very big competition between trading service providers, hence the brokers doing their best to bring and create a very competitive spread offer with the minimum margins.
  • Fixed spread is a unique MM proposal (Find out forex brokers with fixed spreads) offered only by Market Makers that might be a great opportunity for beginners in forex trading and some strategies due to its stability of a preset fee or spread that is constant at all time, which is less volatile quota allocation with a smoother offering comparing to STP brokers.
  • In addition, the true MM broker is always heavily regulated by reputable authorities like the FCA-regulated broker, ASIC-regulated broker, or the broker regulated by the top-tier regulator. Thus the trading environment and transparency are at the highest level, as in case of any misleading or skipping on operation guidelines, controlled by the authority, the broker will be sharply fined.
Market Making Trading AdvantagesMarket Making Trading Disadvantages
Can offer guaranteed stop-losses, zero negative balances and fixed spreadsConflict of interest since the brokers function as dealers
Fixed Spreads are often GuarantedSlightly more expensive costs for fixed spread
Variable Spread often are low due to competitionSlippage and re-quotes are common
A continuous price position during trading hours Lack of transparency
Variable lot sizes available
All dealings are with a single party

Top 5 Market Making Forex Brokers

We made a selected list of Best Market Maker Forex Brokers consisting of only regulated companies with good conditions and transparency, which can be trusted and considered as good to trade with:

  • HFM – Best Overall Market Making Broker 2024
  • BlackBull Markets – Best Lowest Spread Market Making Forex Broker 2024
  • FP Markets – Best MT4 Market Making Broker 2024
  • Eightcap – Best Market Making Broker for Beginners 2024
  • BDSwiss – Best EA Market Making Broker for Beginners 2024

Is Interactive Brokers Market Making?

Interactive Brokers operate DMA execution model (Read Interactive Brokers Review) , however deepening on the instrument the broker acts as a dealer for the purpose to perform trading of the security.

Is Market Maker trade against the trader?

No, Market Makers do not trade against the trader, usually MM are liquidity providers too and provide quotes through the portfolio to facilitate trading.

What is Market Making strategy?

Market making refers to a trading strategy that seeks to profit by providing liquidity to other traders and gaining the ask/bid spread avoiding accumulating a large net position.

What is a Market Maker in Crypto?

A crypto market maker is an individual or a company that buys and sells through the crypto exchange to provide liquidity and depth while profiting from ask/bid spread difference.

List of Market Maker Brokers

In this list, we included brokers using Market Making Executions that we found the best and trustworthy due to the proper regulation and favorable conditions:

Broker Detail
HFM Logo HFM
Min. Deposit: 0 US$
Max. Leverage: 1:2000
Trading Platforms: MT4, MT5, HFM Trading App
Regulation: CySEC, FCA, DFSA, FSCA, FSA, CMA
1
HFM Review
BlackBull Markets
Min. Deposit: 0 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
2
BlackBull Markets Review
FPM logo FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: IRESS, MT4, MT5, cTrader
Regulation: ASIC, CySEC, St. Vincent and the Grenadines, FSP, CMA
3
FP Markets Review
Eightcap
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, TradingView
Regulation: ASIC, SCB, CySEC, FCA
4
Eightcap Review
BDSwiss Review BDSwiss
Min. Deposit: 10 US$
Max. Leverage: 1:400 | 1:2000
Trading Platforms: MT4, MT5, BDSwiss Webtrader, and BDSwiss Mobile App
Regulation: FSC, FSA, FSCA, MISA
5
BDSwiss Review
GO Markets
Min. Deposit: 0 US$
Max. Leverage: 1:30, 1:500
Trading Platforms: MT4, MT5, cTrader, WebTrader
Regulation: ASIC, CySEC, FSC, FSA
GO Markets Review
Errante Review Logo Errante
Min. Deposit: $€50
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, cTrader
Regulation: CySEC, FSA
Errante Review
Pepperstone Review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30 to 1:400
Trading Platforms: MT4, MT5, cTrader, TradingView
Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN
Pepperstone Review
KCM Trade Review KCM Trade
Min. Deposit: 500 US
Max. Leverage: 1:400
Trading Platforms: MT4, MT5, KCM Trade WebTrader
Regulation: ASIC, FSA
KCM Trade Review
FXCC Review FXCC
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4
Regulation: CySEC, SVG FSA
FXCC Review