1. B-Book:
This means the broker does not send your trades to the real market; rather, he himself is the other party in the trade.
If you win, the broker loses.
And if you lose, the broker wins.
That's why some dishonest brokers deliberately give losing recommendations or slow down the platform because they benefit from your losses.
You are in a battle against the broker without realizing it!
2. A-Book:
In this system, the broker sends your trades directly to the real market or to liquidity providers.
This means the broker doesn't care whether you win or lose; he just takes a small commission (Spread or Commission).
This type is better and more transparent.
Beware of the trap of recommendations and quick profits in trading!
From the first moment you enter the trading world, the broker monitors your trades.
If he sees that you are a successful trader, he places you in what is known as A Book, meaning your trades go to the real market.
If it becomes apparent that you are losing, he switches you to B Book, meaning you trade directly against the broker, and every loss for you = profit for him.
Where's the trick?
You get a guy from a 'recommendation group' showing you luxury cars, travel, luxury...
He gives you a referral link with a bonus from the broker, and convinces you to sign up through it.
But when you start, he gives you losing recommendations, and you lose your money.
And he collects commissions and buys your dream cars, from your own pocket!
The result?
You lose everything you have.
And he increases his wealth at your expense.
A heartfelt advice:
Don't trust any free recommendations attached to a referral link.
Learn for yourself, study the market, and do not fall victim to forex whales.
