There are two main types of securities firms: one is called "MM" "MM", and the other is the electronic communication network partner that match the buyer and the seller."MM" is called "dealer" in the professional banking market.Such brokers usually collect differences, not commissions, and sometimes accused as poor manipulation points in order to make their own positions profit.Theoretically, the point difference is to expand or shrink according to the market flow conditions, but in fact, the "MM" broker provides a fixed point difference and competes with other brokers based on the difference.
Here I give you some "MM" brokers on the black list here: Hengda, BCR Baihui.
Hengda was found to be found to be invalid supervision on the exchange circle detective on the exchange app, and was also warned by the Hong Kong Supervision Society!
BCR Baihui was also found to be unable to pay money on the poisonous tongue king, and it was just a private stock company!Intersection
A major type of non -MM brokers is "ECN", which represents the electronic communication network.ECN brokers usually collect commissions, although the generality of the point difference pricing makes the difference in dot charges a hard rule.Many ECNs send transactions to the processing platform for marketmen through their network.
Old rules, come to the ECN -type broker on the black list.
Justmarkets and KCM are such brokers.
JustMarkets was found to be unsuccessful on the exchange, and there was his own software. After so many crooked brains, he didn't comment.
KCM Korkis claims that he is a dual supervision, but it is a license with the same furnishings.It is the foundation of this black platform.
The above is the main types of the exchange circle brokerage firms compiled by Brother. Knowing that Brother also lists some of these types of black platforms. If you want to know more about investors who know about the exchange circle or how to check the black platform, you can.To understand the exchange APP, make a lot of inquiries, simple and easy to get started.
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