There are two modes of foreign exchange brokers. One is the common mm (market maker), which is characterized by a fixed spread, low account opening requirements and no commission. Most of what we often see belongs to this column, and the bigger ones are fxdd, gts, ig, fxcm, oanda, ibfx and so on. The second is ecn mode. Generally, platforms in this mode have floating spreads, which require high funds for opening accounts and charge commissions outside the spreads. Commonly used are mbtf, interactivebank, dukascopy, hotspotfx, lava, fxall, curenex, etc. Theoretically speaking, ecn mode is a good choice when customers don't gamble, and the transaction cost is low, but the floating spread is a good choice for novices. The advice for novices is to open a small shop on mm platform and practice skills slowly. When the skills have passed, you can consider investing a lot of money to open an account on the ecn platform (this process varies from person to person, generally three years is not slow, and more than 90% of the novices are proved to be unable to make stable and sustainable profits and eventually quit the transaction). There is a big difference between foreign exchange speculation and stock trading. Please enter the market cautiously.