Choosing The Right Liquidity Provider

In forex trading, liquidity is crucial. The deeper the liquidity, the smoother the transaction, and the more competitive you are against other brokers. Therefore, when it comes to STP or ECN trading, whether a broker’s offer is attractive enough and could provide a smooth trading environment largely depends on the liquidity provider to which the broker is…

How To Read Forex Rates?

Bank OTC Rates How do you determine the price of a specific foreign exchange rate? First, when demand meets supply, and a sale is done. That is where price on screen is determined. In the figure above, it is the Bid and Offer price made by Bank of China, the exchange rates provided are all based on RMB. So we say RMB is the base…
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