What’s the point of mastering powerful strategies and earning profits if you can’t withdraw your money? That’s why understanding brokerage firms is essential for every trader. In this lesson, we’ll uncover the critical details about dealing desk and non-dealing desk brokers, STP, ECN, and market makers—so you can make informed choices and protect your trading capital.
As a trader, you might think, “Why bother learning this? Shouldn’t I just focus on my trades?” Here’s why: choosing the right broker isn’t just a technicality—it’s a game-changer. A solid understanding of brokers ensures you’re trading on the right platform, avoiding scams, and working with a partner who has your best interests in mind.
We’ll break down the 3 critical factors for selecting a reliable broker—market presence, reputation, and regulation. Plus, we’ll show you how to identify red flags and avoid common scams that could derail your trading goals.
With insights into industry leaders like AvaTrade and practical tools for making informed choices, this lesson gives you everything you need to trade with confidence.
