A-book is a common Forex industry term. An A Book Forex broker means that this broker transfers traders' positions to liquidity providers. As a result, these brokers do not take counter positions against their clients.
Not like B-book brokers, A Book brokers don't have a direct conflict of interest with their clients.
A-book Forex brokers by definition are usually brokers with an agency/STP model or conflict-free model.
ECN and STP brokers all use A-book, therefore calling themselves brokers with no conflict of interest.
A book Forex brokers operate as intermediary brokers who send their traders' trading orders to liquidity providers. These brokers make money by increasing the spread of charging commissions on the volume of orders. Therefore, these brokers earn an equal amount of money with both winning and losing traders.
Attention: On our Forex Broker directory, you can find the list of the most reliable A-book Forex brokers.
Professional traders prefer A-Book type of Forex brokers due to their non-conflict-of-interest approach. This is because those traders don't have to worry about any conflict of interest. By the fact that these brokers have an incentive to have profitable traders as they will increase their trading volumes and thus their profit brokers.