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(Broker platforms and the use of these are covered as part of the trading apprentice course.
As a brief guide.
A provider who quotes directly from the market is literally flashing up the prices that are being delivered to them via the banks and or exchanges. A provider who 'makes their own prices' takes the prices from the banks and or exchanges and then makes their 'own' prices around these. This provides them with huge flexibility in what prices you get to see, and as spread betters make their money on the difference in 'spread' between the bid and the ask, this is a little like putting the kids in charge of the cookie jar.
On another level they can also see where your stop loss and limit orders are.
Maybe you can start to see the picture that is emerging here and understand why you should not be dealing through a provider that 'makes their own price'
You need to make a choice the means your money will end up in your pocket.
With any choice of broker or spread-betting provider you need to make sure that they are providing you with 'market' prices, directly quoted from the exchanges and or banks and don't take any 'excuse' or sales talk that skirts around this. I have used a lot of brokers over the years, some of them going bust on me and costing me thousands. Gradually I learned the what to look for in a broker and spread-betting provider and it certainly was not always price.
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