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A-Book
A broker model where client orders are passed directly to a liquidity provider.
What is A-Book in forex trading?
A broker model where client orders are passed directly to a liquidity provider. A-Book brokers do not take the opposite side of client trades. They earn money from commissions or markups on the spread, aligning their interests with the trader's profitability.
What this looks like across the brokers we track
Of the 37 brokers BrokerAnalysis tracks that state an execution model, 20 are ECN, 10 are Market maker / dealing desk, 6 are STP, 1 is No dealing desk. Execution model is self-declared by the broker, not independently audited.
Measured across 37 entities in the BrokerAnalysis dataset. See the full broker comparison
Detailed Explanation
A-Book brokers do not take the opposite side of client trades. They earn money from commissions or markups on the spread, aligning their interests with the trader's profitability.
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