Who is a forex broker
There are different types of forex brokers. But the ECN/STP broker is highly preferable than the market makers because your trades are directly placed in the market with the collection of commission,and so it is difficult for them to trade against you.
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We could say a forex brokerage is an intermediary that takes on your trade and puts it on the open market. Forex which is an abbreviated form of Foreign Exchange trading is not done through any centralized market, so all forex broker rates may not be exactly the same at the same time. Forex brokers deal with networks of banks and the trading is carried out electronically within fractions of a second when orders are placed. You would be perceived as been too pessimistic or stubborn if you burn a lot of calories choosing your broker. I wouldn't be this happy in the forex if I had not made the right decision on this!