赠金汇商 vs ECN 汇商

我们先来探究一下那些提供赠金的平台与直通市场平台的区别。看看哪个更适合交易者及其2015年的前景。

外汇行业在过去的20年中一直处于上升态势，经纪商的技术取得了长足的进步、大幅扩张地理领域并获取了难以置信的利润。过去的2014年的波动性是50年以来最小的，2015年1月份的零售外汇完全摆脱了这种趋势。现在，大部分经纪商都试图通过提供赠金或者提供ECN账户来争夺每一位客户。让我们详细看看这两组账户：

什么是赠金经纪商？
网络上充满了各种存$1,000送$500的促销活动。外汇行业也有这种活动。有许多经纪商会赠送入金的一定百分比作为账户中资金。这些经纪商中有些会形容自己是STP（直通市场），而另外一些则是有交易员。然而，这类经纪商是MM（做市商），意思是它们希望你实际地亏损。这是好事还是坏事？视情况而定，只要经纪商不干涉你的交易，那么你就没有必要害怕。在这种汇商下面交易通常是非常有利的，因为点差不是汇商的唯一经济来源，同时汇商也不必投入大量的资本获得点差报价。不仅如此，一些经纪商可以提供你交易赠金，这样你就能够得到较高的交易本金，在进行一些实质性的交易之后，你就有可能获得更高的出金比例。

什么是ECN经纪商？
ECN经纪商是那些仅仅通过佣金或者点差来赚取利润的平台。通常，你所做的每一笔交易（不论是否盈利），经纪商都可以获得利润。这种情况下，经纪商就希望你的交易量越大越好，外汇交易时间越长越好。换句话说，这类经纪商希望你盈利，这样你就会进行更多交易。需要注意的是，假的ECN汇商远比真实的多，很多做市商宣称自己是ECN汇商。80%宣称自己是ECN汇商的实际上都是做市商。外汇保证金实验室已经收集了一些真实的ECN经纪商列表。在ECN平台商交易，即使你开始盈利交易情况也不会改变。这类经纪商需要投入大量资金连接银行报价。

如何选择?
黑色星期四已经给真正的ECN平台带来很多伤害，同时，一些做市商的境况也很悲惨。在2015年我们不期望经纪商会给自己的客户提供额外的利益，同时，一些经纪商有可能提高佣金以及点差。许多做市商在这个事件中确实获得了一些盈利，它们将这部分资金进行再投资，进而给客户提供更优惠的政策。这就是为什么2015将是赠金经纪商的活跃的年份。同时，开户之前应该对经纪商提供的优惠条件严加审核，因为非常好的政策有可能是最后将会产生恐慌的原因。永远不要在没有监管或者名声不好的经纪商处开户交易。

Bonus Brokers vs ECN Brokers

Let’s examine the main differences between Brokers that offer bonus offers and brokers that provide direct access to the market. See what is better for the traders and what is the outlook for 2015.

Foreign exchange industry has been on the raise for the last 2 decades, brokers were generating incredible profits and this allowed quite a significant advancement in technology and geographical expansion. The year of 2014 has shown the lowest volatility in the last 50 years, while January 2015 has totally shaked them retail forex industry. Now, the brokers are fighting for every single clients and most of the brokers are trying to get more either by offering bonuses or by supplying ECN accounts. Let’s find out about these 2 groups below.

What are Bonus Brokers?
The Internet is full of offers like deposit $1,000 and get $500 FREE. Well, Foreign exchange industry has it too. There are many brokers that offer you a certain % of your deposit as a bonus on your trading account. Some of such brokers may describe their services as STP, others are employing a Dealing Desk. Nevertheless, such brokers a Market Makers, meaning that they expect you to actually lose your trading capital. Is that a good or bad thing? It depends, as long as the broker is not interfering with your trading - there is nothing to be afraid of. Trading with such a broker is usually great, as the spreads are not the main source of the broker’s income and as the broker doesn’t have to heavily invest into a trading infrastructure. On top of it, such brokers provide you with the forex deposit bonus offers, so you do get to enjoy higher account balance and a possibility to cash out some additional funds upon trading some substantial volume.

What are ECN Brokers?
ECN Brokers are the ones that purely earn on commissions and/or spread markups. Generally, for every trade you make (winning or losing) a broker is making profit. This way a broker is interested in you generating the highest possible volume within the longest possible time. In other words, such brokers do want you to earn profit, as you would be trading more. What is important to note is that there are much more fake ECN brokers than there are true ECN brokers. 80% of the brokers that claim to be ECN are in fact market makers. Forex Bonus Lab has collected a list of ECN Brokers that are real. With ECN brokers you get trading conditions that will not change once you started to make profit. These brokers invest heavily into trading infrastructure development.

What to choose?
The Black Thursday event has provided lots of damage to true ECN brokers. While some of the Market Makers ended up in a bad position too, the true ECN brokers were hit the most. We don’t expect such brokers to add a significant amount of extra value for their clients in 2015. We also expect some increase in the commission's and the spreads.

Many Market Makers have actually earned some money on the aforementioned event and this tells us that they will reinvest the funds to make their offer more attractive. This is why the year of 2015 will be the year of the Bonus Brokers. Still, pay close attention to what a broker has to offer, as too good offer may be a sign of a panic. Never settle for an unregulated broker or a broker with a shady regulation.

本文翻译由兄弟财经提供

文章来源：http://www.fxstreet.com/education/forex-basics/4-steps-of-getting/2015/04/09/