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Institutional

Institutional liquidity providers

The banks, prime-of-prime firms and non-bank market makers that stand behind a broker's prices. A retail trader never opens an account with one, but the provider a broker routes to shapes the spreads, fills and depth that trader gets.

No provider records are published yet

This section is being prepared. Provider records will come from the same desk that publishes our broker records, and each one will appear here only once it carries a licence checked against the regulator's register. Until then this page lists nothing rather than a directory written from marketing pages.

What each provider record will show

The facts a broker, or a trader vetting one, needs

Licences at the source

Each registration traced to the regulator's own register, with the date it was checked, or marked unchecked.

Provider type

Tier-1 bank, prime-of-prime or non-bank market maker, and whether it takes the other side of trades or passes them on.

Asset classes

Which markets it quotes: currency pairs, metals, indices, commodities and digital assets, as the provider declares them.

Connectivity

How brokers connect to it: FIX API, MetaTrader bridges and the other platform integrations it lists.

Onboarding terms

Minimum deposit or volume, collateral and the client types it accepts, each with its source.

Evidence for every claim

Every figure links to the document it was read from, and a claim that could not be checked says so.