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Trade
DTS - Dealing center
Every trader operates in the market through the dealing center (DC) or brokerage company. In any case, private person no interbank system is not waiting. All the disparate clients collect, organize just intermediaries. We all work through these intermediaries, who paid a Commission for each agreement made by us. As mentioned above, companies can be divided into brokerage and dealing.
What's the difference between them will be discussed below. Now I would like to mention that for all the difference in how they work, you can earn anyway. At the moment, the majority of companies, providing services in Forex, are dealing.
Dealing centers Forex
Surely You know about the existence of businesses that accept bets, for example, on the winner of a football match, a winner in horse racing and so on. Forex is the same organization that agrees to accept bets people wanting to guess what will happen to the exchange rate after a certain time. Just everything is done so that people think that really buys something and sells. In fact, his trades will not be displayed. He looks at the market situation and makes bets and buys and sells.If he is working, he will be paid winnings, if he loses, it means that some of the money that I lost on trades will benefit DC.
In this embodiment, as the counter party to the traders acts the company itself, in which people opened their accounts. Once there is the assumption that the success of traders is not only interesting in this case, for DTS, but also causes direct financial damage to the company. In other words, the more a speculator will lose when trading money, the more you earn the organization and Vice versa.
Of course, if the company starts to break the rules of interaction between themselves and customers, it will immediately affect its reputation. In the period of fierce competition absolutely should not lose customers, giving their rivals. Therefore, dealing centers, as a rule, act only in accordance with the policies adopted in the companies. Every person who opens an account, should familiarize themselves with this document.
The document that governs the relationship between the center and the trader, usually referred to as the client rules or the agreement. Opening a trading account implies full acceptance by the client with all provisions of the agreement. This document is read very carefully before you decide to open an account. It can be spelled out restrictions on methods of trading and a variety of additional points that clearly will not see in the promotional materials of the company.For example, there may be a clause stating that if for any reason the Deposit speculator is not something that is reset to zero, and therefore contain a negative balance, the client agrees to pay to the company the cash amount by which the bill went, so to speak, at a loss.
In addition, you should examine the restrictions on trade. For example, the company may reserve the right to cancel all the agreements that were lasting less than 3 minutes. Another common option is an item on the ban on scalping trades, the ban on arbitrage, locking and so on. If the trader will profit trade, it does not mean that he will be able to pick her up. Before trading I advise you to very carefully examine all items of the regulations.
The pros and cons of trading through a dealing Desk
A broker is a company that really takes the customer's trades to the market. Such organizations earn commissions with each transaction merchant. Commission, as a rule, are taken for positions opening and closure. Spreads rarely have a place when working through a broker. The company processes the request and finds the company. Thus, the linking between a buyer and seller, the broker is not interested in the losses of his client.
There is a downside of working with this broker. Trading terms on their accounts significantly inferior to the terms which provide traders with DTS. Maybe a small leverage, a relatively large amount of money when opening an account you need minimum lots will be large. No cent accounts here it is, of course, can not be. Operations as well, not likely delight fans of the lightning fast reactions of the terminal. Still, you need to consider that the system needs to find a counter-bid. In General, there is a specificity in the work through a broker.
Advantages in working with DTS:
• advantageous trading conditions
• quick opening of a trading account
• many options for input/output of funds
• cent account
• friendly (familiar) dealer platform
• the possibility of trading with a small amount of
Cons in working with DTS:
• transactions on the market do not appear
• companies usually registered in offshore
• perhaps hindering the successful trading of the client
• may have problems while trying to withdrawal
Insights about working with DTS
Of course, I want to work where you are not interested in our failures. Naturally, through the broker to work somehow ... worse. But on the other hand, most traders do not have the financial possibilities to break away from the dealing and make a Deposit of a major broker. And trading conditions not everyone will like it. And if you need a cent account, then there are no options, just have to contact the dealing center. Given that a profit will still give that after reading the rules of the company it is already possible to understand what not to do, then work through the center is even possible.What difference, who will transfer us the money if earn. You should think about switching to a broker, in my opinion, if we will talk about really big amounts of money.
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| Category: Forex | Added by: (06.11.2017)
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| Views: 349
| Rating: 0.0/0 |
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