Acquiring hands on profits in forex trade market has always dominated by the experienced brokers. Various brokers are adopting new trends in forex markets and base their tactics and plan of action accordioning. These brokers keep themselves updated about the change in market trends, new models and technologies which increases the profit gaining ratio by drastic numbers.
Models of forex trading changes with time. Traditionally A Booking and B booking model were used to earn profits from the trades. These models were effective for gaining commendable profits, but brokers experimented using both the models together combining it perfectly and it turned out to be a huge success in terms of profits and implementation of plan of action. The trades became easy to convert into profits and hence a new Hybrid model of forex trading came into being.
Just being A book broker, you will earn profits either by the commission or by increasing the spreads by being the intermediary between your client and liquidity provider.
Just being a B book broker profits will be earned by trading against your clients and if your client losses you earn and vice-versa.
But being a hybrid broker can give you the best of both worlds. As mentioned earlier hybrid broker practices both A book and B book model but to earn better profits you got to keep the perfect combinations of both A book model and B book Model.
Nowadays most of the brokers including ECN/STP, DMA or ECN brokers are using hybrid models to increase their profit ratio and margins.
IQ Option, 10markets, 12Brokers, AAAFx, PaxForex, ADSPrime, AGEA, AL Trade, Alpari, BancoFx, BTFX, Caesar Trade, CornerBroker, DF Markets, EightCAp, FinnOdds, Forex FS, GBE Brokers, Grand Capital, Harborx, INTFX, OloFx, Progrex are some of forex brokers who have opted for hybrid model of forex trading. There is a never-ending list for such brokers and the only reason they have opted for the hybrid model is that they have experienced how well can they grow their profit with this model.
Let’s break it down point wise:
It is no shock that the clients do not prefer B book trading model. So the question arises that how to develop the confidence in your clients and make them believe in your strategy?
Use these pros and cons to make your client understand that every model is both good and bad for them and not using a particular model increases the success rate of their trade as well. Always ensure the client that the interest and motivation of both the parties are aligned.