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Many trader specially new trader still don’t understand with the definition of Broker and Market Maker. Actually Marketiva is Market Maker not Forex Broker, based on About Marketiva Company it said:

Marketiva is a financial services corporation specialized in providing traders with high quality online trading services. With a team of dedicated financial specialists and technical support personnel, Marketiva operates globally as a market maker and principal counterparty to retail traders. Marketiva has established itself as an industry leader by relying on its groundbreaking internet trading platform and its superior customer service

Read also Marketiva Forex About. And now let see the real definition between Market Maker and Broker at Investopedia.

A broker is an intermediary who has a license to buy and sell securities on a client’s behalf. Stockbrokers coordinate contracts between buyers and sellers, usually for a commission. A market maker, on the other hand, is an intermediary that is willing and ready to buy and sell securities for a profitable price.

A broker makes money by bringing together securities’ buyers and sellers. Brokers have the authorization and expertise to buy securities on an investor’s behalf - not just anyone is allowed to walk into the New York Stock Exchange and purchase stocks; therefore, investors must hire licensed brokers to do this for them. A flat fee or percentage-based commission is given to the broker for carrying out a trade and finding the best price for a security. Because brokers are regulated and licensed, they have an obligation to act in the best interests of their clients. Many brokers can also offer advice on what stocks, mutual funds and other securities to buy. Due to the availability of internet-based automated stock brokering systems, clients often do not have any personal contact with their brokerage firms.

Read detail on Investopedia

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