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Either way, cross-compatibility is a desirable feature, especially if you insist on keeping a close watch on the markets as you go. Keep in mind that the available types of orders you iqcent review<\/a> can use are broker-specific and might vary from one trading site to another. However, this comes at the expense of per-trade-based commissions, which can have a negative impact on your bottom line. Direct market access prevents requoting and trading prices update in real time. These brokers generate profit from the difference between the bid and ask prices, i.e., they buy at a lower price and then sell at a higher one. While browsing the internet in search of a suitable broker, you are likely to encounter terms such as dealing desk, market maker, straight through processing, and electronic communication network.<\/p>\n