Each brokers have different “Liquidity Providers”.

The Liquidity Providers can be some mega banks or local banks. If a broker is not a complete market maker, these LPs should be introduced in the website.

Most of the brokers have several LPs and receive several price quotes, and they provide the best quotes to traders.

CFDs on cTrader

On the other hand, CFDs price needs to be quoted from a stock exchange.

So you can follow the markets and check out trading hours and history charts and etc.

In this way, you can also find out if a broker has put some markups on the spread.

On cTrader trading platform, both A-book and B-book transactions are possible by each broker. This means that you orders can be executed by the Liquidity Providers or the broker itself.
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