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  • Forex brokers
    • ECN Forex Brokers – list / ranking
    • Market Maker (MM) Forex Brokers – list/ranking
    • STP (Straight Trough Processing) Forex Brokers – list/ranking
    • NDD (No Dealing Desk) Forex Brokers – list / ranking
    • ETF brokers – list / ranking
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    • Does investing in currencies make sense? How do I get started?
    • Trading Platforms 2026: The Ultimate Guide
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      • Forex calculators
        • Forex Profit Calculator
        • Pip Value Calculator
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        • Pivot Points Calculator
        • Carry Trade Calculator
    • How to choose a Forex/CFD broker?
    • How to verify an investment broker’s license
    • MiFID II and ESMA intervention – summary
    • How to become an experienced customer
    • How to become a Forex/CFD professional client
    • How to Simplify Fundamental Analysis in Forex: Indices and Bond-Yield
    • Forex / CFD Investment Dictionary
    • Social Trading in a Nutshell
    • How to get your deposit back when paying by card – Chargeback
    • What to do if you have been scammed
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    • Warnings

Market Maker (MM) Forex Brokers – list/ranking

A Market Maker broker is, in other words, a market maker. They create their own internal trading market by taking rates from the interbank market and expanding them with appropriate spreads (the broker’s earnings). In this way, the other party to the transaction is, in fact, the MM broker. On the one hand, these brokers are often suspected of playing against their clients, but on the other hand, they are primarily able to provide protection against negative balances in client accounts. The opposite and biggest competitor of the MM model is the ECN broker . It’s worth considering all the pros and cons before choosing an MM forex broker.
Below we present a ranking of MM (Market Maker) brokers .

trade nation

1. Trade Nation

Trade Nation Review 2026: Fixed Spreads, Fees and Regulation Trade Nation is a CFD and forex broker known for fixed spreads on its own TN Trader...

Forex brokers
review 9.1 14
xtb logo

2. XTB

XTB Review 2026: Fees, Safety, 0% Stocks and the KNF Fine XTB is a Polish investment firm listed on the Warsaw Stock Exchange. It has been...

Forex brokers
review 8.7 124
Avatrade logo

3. AvaTrade

AvaTrade Forex Review 2026: Fees, Spreads, Safety and Platforms AvaTrade is a forex and CFD broker established in 2006 with licences in ten...

Forex brokers
review 8.4 7
Activ Trades Logo

4. ActivTrades

ActivTrades Review 2026: Platforms, Fees and Fund Protection ActivTrades is a forex and CFD broker operating since 2001, licensed by the FCA...

Forex brokers
review 8.0 3
capital.com logo

5. Capital.com

Capital.com Review 2026: Fees, Stocks, CFDs and Platforms Capital.com offers real shares and ETFs, CFDs and knock-out options on more than 5,500...

Forex brokers
review 8.0 4
easymarkets broker reviews

6. easyMarkets

easyMarkets Review 2026: Fixed Spreads, Guaranteed Stop Loss and Fees easyMarkets (formerly Easy Forex) is a CFD broker operating since 2001. EU...

Forex brokers
review 8.0 20
CMC Markets

7. CMC Markets

CMC Markets Review 2026: Spreads, Commissions, Platforms CMC Markets is a global CFD and forex broker founded in 1989 and listed on the London...

Forex brokers
review 7.9 13
xm.com logo

8. XM.com

XM Review 2026: XM (Trading Point), Ultra Low and Zero Accounts, Safety XM (XM Group) is a global forex and CFD broker. EEA clients are served by...

Forex brokers
review 7.9 8
city index

9. City Index

City Index Review 2026: Platforms, Fees, Safety & Trading Conditions 📋 Table of Contents 1. Introduction — What Is City Index?...

Forex brokers
review 7.7 5
etoro broker logo reviews

10. eToro

eToro Review 2026: Fees, Stocks and ETFs, CopyTrader and MiCA-Licensed Crypto eToro is an investment platform known for CopyTrader. EU clients...

Forex brokers
review 7.5 12
forex.com broker

11. Forex.com

FOREX.com Review 2026: StoneX Europe, Accounts, Fees and Platforms FOREX.com is a broker brand operating since 2001 and now owned by StoneX Group...

Forex brokers
review 6.8 1
markets.com logo

12. Markets.com

Markets.com Review 2026: Spreads, Inactivity Fee and Platforms Markets.com is a CFD broker. EU clients are served by Safecap Investments Limited,...

Forex brokers
review 4.2 3
plus500 broker

13. Plus500

Plus500 Review 2026: Fees, Safety and the CFD App Plus500 is a CFD broker owned by Plus500 Ltd, a company listed on the London Stock Exchange...

Forex brokers
review 3.9 16
Dowmarkets investment scam

14. Downmarkets

DowMarkets — warnings and factsAs of 26 Oct 2026 Websitesdowmarkets.com Polish KNF public warning listyes — entry 347 (criminal...

Forex brokers
review 1.8 29
marketCFDlogo - Forex

15. MarketCFD

MarketCFD — warnings and factsAs of 26 Oct 2026 Websitesmarketcfd.com Polish KNF public warning listyes — entry 165 (criminal...

Forex brokers
review 1.5 81
trade5000 logo

16. Trade5000

Trade5000 — warnings and factsAs of 26 Oct 2026 Websitestrade5000.com Polish KNF public warning listyes — entry 180 (criminal...

Forex brokers
review 1.5 26

Market Maker brokers have long faced a negative reputation, largely due to dishonest operators who exploit this model to defraud clients, intentionally causing capital loss. Reputable market makers cannot afford such practices, as they jeopardize their long-term operations. For MM brokers, it is especially important to be wary of new and lesser-known brokers, particularly if they are registered in remote and suspicious jurisdictions, such as tax havens.

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  • Remember

    CFDs are complex and highly risky instruments that can result in rapid capital loss due to leverage.

    Between 74% and 89% of investors lose their money when trading CFDs.

    You must consider whether you can bear the risk of losing your invested funds.

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  • How to Choose a Broker [eBook]

    choosing a forex broker – ebookDownload the eBook
  • TOP 5 Brokers

    • 1 trade nation

      Trade Nation

    • 2 ic marekts logo

      IC Markets

    • 3 logo xtb

      XTB

    • 4 tickmill broker

      Tickmill

    • 5 fptrading logo

      FP Trading

  • TOP 3 Stock Exchanges

    • 1 binance

      Binance

    • 2 coinbase logo

      Coinbase

    • 3 kucoin crypto logo

      KuCoin

  • Meet the broker

    • RoboMarketsRoboMarkets
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  • Forex – TOP 5

    • 1 trade nation

      Trade Nation

    • 2 ic marekts logo

      IC Markets

    • 3 logo xtb

      XTB

    • 4 tickmill broker

      Tickmill

    • 5 tms brokers oanda

      TMS Brokers

  • Cryptocurrency exchanges – TOP 5

    • 1 binance

      Binance

    • 2 coinbase logo

      Coinbase

    • 3 kucoin crypto logo

      KuCoin

    • 4 bybit logo

      Bybit

    • 5 CEX.IO crypto exchange logo

      CEX.IO

  • Latest reviews

    • 7.3 Switch Markets logo

      Switch Markets

      Love for VPS but still testing it for larger scale. Till now...

    • 6.3 capital.com logo

      Capital.com

      High spreads...

    • 9.3 coinbase logo

      Coinbase

      Honestly, I stick with Coinbase because I know my funds are ...

    • 8.5 fptrading logo

      FP Trading

      Quite good for the first tests. I've only been using it for ...

    • 9.5 ic marekts logo

      IC Markets

      I've been with them for many years; the jurisdictional chang...

Risk Warning: CFDs, cryptocurrencies, and leveraged products are highly risky financial instruments that can result in rapid capital loss. Between 74% and 89% of investors lose their money when trading CFDs. You must consider whether you can afford to lose your invested capital.

The materials published on this website are for informational purposes only and should not be considered investment advice (recommendations) within the meaning of the Act of 29 July 2005 on Trading in Financial Instruments. They also do not constitute legal, tax, or financial advice. The studies published on ForexRev.pl solely reflect the views of the editorial staff and users of the website and should not be interpreted otherwise.

Some articles contain links to other websites. This serves to supplement the information presented. Some links are affiliate links: they lead to the official websites of manufacturers and service providers where you can use the services or purchase the product. If a user completes a transaction/registration after clicking the link, our website collects a commission. This does not affect the final price of the product or the commissions paid to brokers, and in some cases, it reduces them. ForexRev.pl portal is not responsible for the content found on linked websites.

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    • ECN Forex Brokers – list / ranking
    • Market Maker (MM) Forex Brokers – list/ranking
    • STP (Straight Trough Processing) Forex Brokers – list/ranking
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    • ETF brokers – list / ranking
    • Cryptocurrency brokers (CFDs on Bitcoin and others) – list / ranking
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  • Cryptocurrency exchanges
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    • Best Investing Apps – Stocks, Exchange, FX, Crypto
    • Does investing in currencies make sense? How do I get started?
    • Trading Platforms 2026: The Ultimate Guide
  • Knowledge
    • Tools
      • Macroeconomic data – Calendar
      • Forex calculators
        • Forex Profit Calculator
        • Pip Value Calculator
        • Security Deposit Calculator
        • Pivot Points Calculator
        • Carry Trade Calculator
    • How to choose a Forex/CFD broker?
    • How to verify an investment broker’s license
    • MiFID II and ESMA intervention – summary
    • How to become an experienced customer
    • How to become a Forex/CFD professional client
    • How to Simplify Fundamental Analysis in Forex: Indices and Bond-Yield
    • Forex / CFD Investment Dictionary
    • Social Trading in a Nutshell
    • How to get your deposit back when paying by card – Chargeback
    • What to do if you have been scammed
  • News
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    • Warnings
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