Jobs Interview Question

There are several classes of job interview questions:


1. Skills based questions
These job interview questions are related to specific job skills outlined in essential criteria. Candidates are asked to give examples of their work, or outline their duties and performance in key roles.

2. Knowledge based questions Many jobs have a required knowledge base. Interview questions are used to find out the depth of knowledge, and to check and confirm candidates have the essential information required to do the work involved.

3. Technical questions These are a different type of knowledge based job interview questions, and they relate to the technical issues of the position. In some job interviews, a person on the interview panel is appointed to ask these questions, and give expert evaluation of answers to the panel.

4.Problem solving questions • The problem solving job interview questions are now standard practice. Problem solving questions are used to define skill levels and the ability to deal with difficulties. • Experience related questions This is a range of job interview questions designed to test prior experience across the range of job skills contained in the position. They include additional questions to clarify the scope of candidates? experience. They also deal with issues related to the job, particularly where levels of experience relate directly to the complexity of the work.

5.Interpersonal skills questions These are job interview questions which explore workplace relationships, team roles, leadership, and other personal characteristics of candidates. Questions can range from dealing with stress to contributing to a team.

6.Assessing job interview questions Interview assessments use the merit principle to decide successful applicants based on their answers to the job interview questions. A panel discussion and consensus, or a formal evaluation process using an 'evaluation grid', (a step by step analysis of answers) is conducted.

7.The selection process Interviewers select the candidate who meets all job criteria to an acceptable standard. The panel then makes a recommendation for appointment to management.

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Showing posts with label badan berkanun. Show all posts
Showing posts with label badan berkanun. Show all posts

KERJA KOSONG LKIM 2012

Written By Admin on Tuesday, February 28, 2012 | 8:25 AM

Lembaga Kemajuan Ikan Malaysia (LKIM) adalah sebuah badan berkanun di bawah Kementerian Pertanian dan Industri Asas Tani yang diperbadankan menurut Akta 49, Akta Lembaga Kemajuan Ikan Malaysia 1971. Akta ini berkuatkuasa bagi negeri-negeri di Semenanjung pada 1 November 1971; di Sarawak pada 1 Julai 1973; dan di Sabah pada 1 Ogos 1995.

1. Penolong Pegawai Hal Ehwal Ekonomi
 2. Pembantu Juruaudit
3. Juruteknik Komputer
4. Juruteknik
5. Juruukur Bahan
6. Juruaudit
7. Pembantu Tadbir (Kewangan)
8. Pembantu Akauntan
9. Pembantu Ehwal Ekonomi


KLIK SINI UNTUK IKLAN JAWATAN DAN CARA MEMOHON

Tarikh Tutup Permohonan: 12 Mac 2012
8:25 AM | 0 comments | Read More

KERJA KOSONG PTPTN 2012

Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) telah ditubuhkan di bawah Akta Perbadanan Tabung Pendidikan Tinggi Nasional 1997 (Akta 566) yang mula berkuatkuasa pada 1 Julai 1997. PTPTN mula beroperasi pada 1 November 1997 di Bangunan Wisma Chase Perdana, Off Jalan Semantan, Damansara Heights, Kuala Lumpur.

PTPTN mempelawa mereka yang berkelayakan untuk mengisi kekosongan jawatan seperti berikut:

1. Pekerja Sambilan Harian (PSH) STPM/Diploma


KLIK SINI UNTUK IKLAN JAWATAN DAN CARA MEMOHON

Tarikh Tutup Permohonan: 1 Mac 2012
8:23 AM | 0 comments | Read More

KERJA KOSONG NIOSH 2012

NIOSH was established on 24 June 1992 as a Company Limited by Guarantee, under the Malaysian Companies Act, 1965. As a company, NIOSH is expected to operate efficiently and with minimal administrative bureaucracy. The NIOSH Board of Directors comprises of 15 Board members, ten of which are appointed by the Government while the remaining are elected by NIOSH members during the Annual General Meeting (AGM). This makes NIOSH different from similar institutions in other countries. NIOSH was set up with a RM1 million Launching Grant from the Government and a further RM50 million Endowment Fund (RM40 million from the Social Security Organization (SOCSO) of Malaysia and a further RM 10 million from the Malaysian Government), which will be invested, and the return of investment will be used to partly finance the operation of NIOSH.

NIOSH is now looking for suitably qualified candidate to fill the following position:

1. Kerani


KLIK SINI UNTUK IKLAN JAWATAN DAN CARA MEMOHON

Tarikh Tutup Permohonan: 1 Mac 2012
8:23 AM | 0 comments | Read More

KERJA KOSONG MTIB 2012


Permohonan adalah dipelawa daripada warganegara Malaysia berumur tidak kurang dari 18 tahun pada tarikh tutup iklan dan berkelayakan untuk mengisi kekosongan jawatan tetap di Lembaga Perindustrian Kayu Malaysia (MTIB) seperti berikut:

1. PEGAWAI EHWAL EKONOMI E41
2. PEGAWAI TADBIR N41
3. PEGAWAI TEKNOLOGI MAKLUMAT F41
4. AKAUNTAN W41
5. JURUAUDIT W41
6. PEGAWAI UNDANG-UNDANG L41
7. PENOLONG PEGAWAI EHWAL EKONOMI E27
8. PENOLONG PEGAWAI TADBIR N27
9. PENOLONG PEGAWAI TEKNOLOGI MAKLUMAT F29
10. PEMBANTU EHWAL EKONOMI E17
11. PEMBANTU OPERASI (KEWANGAN) W17
12. JURUTEKNIK KOMPUTER FT17

KLIK DI SINI UNTUK IKLAN JAWATAN DAN CARA MEMOHON

KLIK DI SINI UNTUK BORANG PERMOHONAN

Tarikh Tutup Permohonan : 12 Mac 2012
8:22 AM | 0 comments | Read More

KERJA KOSONG LEMBAGA GETAH MALAYSIA 2012

Lembaga Getah Malaysia (LGM) merupakan agensi kerajaan Malaysia yang ditubuhkan bagi mengawasi dan memantau pertumbuhan dan penghasilan tanaman getah di Malaysia. Agensi ini ditubuhkan pada 1 Januari 1998, hasil dari kelulusan Akta Lembaga Getah Malaysia (Perbadanan) 1996, dari gabungan Lembaga Penyelidikan dan Kemajuan Getah Malaysia (LPKGM), Institut Penyelidikan Getah Malaysia dan Lembaga Institut Penyelidikan Getah Malaysia (IPGM) dan Lembaga Pasaran dan Pelesen Getah Malaysia (LPPGM).
Permohonan adalah dipelawa daripada Warganegara Malaysia yang berkelayakan dan mempunyai komitmen yang tinggi untuk berkhidmat di Lembaga Getah Malaysia dalam jawatan seperti berikut:

1. Pegawai Penyelidik
2. Penolong Pegawai Penguatkuasa
3. Penolong Pegawai Tadbir
4. Penolong Pegawai Penyelidik
5. Penolong Akauntan
6. Juruteknik
7. Pembantu Tadbir (Perkeranian/Operasi)
8. Pembantu Setiausaha Pejabat
9. Pembantu Penyelidik
10. Pembantu Tadbir (Kewangan)
11. Pembantu Operasi


KLIK SINI UNTUK IKLAN JAWATAN DAN CARA MEMOHON

Tarikh Tutup Permohonan: 10 Mac 2012
8:21 AM | 0 comments | Read More

KERJA KOSONG SIRIM 2012

Written By Admin on Friday, January 27, 2012 | 12:42 PM

SIRIM Berhad is a wholly owned by the Malaysian Government under the Minister of Finance Incorporated. With over forty years of experience and expertise as the governments mandated machinery for research and technology development, SIRIM is also the national champion of quality. SIRIM focus on discovering and developing new technologies to help businesses compete better through quality and innovation.
SIRIM is recognized the world over as a global research and standards development organization. One of the nine founding members of the Global Research Alliance (GRA), a cooperation of leading knowledge-intensive technology organization from nine countries in four continents, committed to developing global knowledge networks for industry and industrial sectors to enhance their competitiveness. SIRIM is also the secretariat of the World Association of Industrial and Technological Organisations (WAITRO), an independent association of industrial research organizations founded under the auspices of the United Nations, with 160 members in 80 countries.
As the national standards development agency, SIRIM plays an active role in international standards development. We coordinate the countrys participation in international standardization activities, where Malaysia is a participating member in over 80 ISO Technical Committees and Subcommittees. SIRIM is also a signatory to the international Committee of Weights and measures Mutual Recognition Arrangement (CIPM-MRA). SIRIM also acts as the local inspection agency for over 20 foreign certification bodies with regards to conformity assessment for Malaysian Exports.
We are currently invite highly-motivated candidates to fulfill the following position:

1. Researcher

  KLIK SINI UNTUK IKLAN JAWATAN DAN CARA MEMOHON

Tarikh Tutup Permohonan: 29 Januari 2012
12:42 PM | 0 comments | Read More

KERJA KOSONG LEMBAGA MAKTAB MAHMUD 2012


Al-Maahad Al-Mahmud ditubuhkan pada hari Jumaat, 29 Rabiul Awal 1355 bersamaan 19 Jun 1936. Diberi nama Al-Maahad Al-Mahmud adalah bersempena Duli Yang Maha Mulia Tunku Mahmud Ibni Al-Marhum Sultan Ahmad Tajuddin Mukarramul Shah.Objektif penubuhannya adalah bagi memenuhi kehendak dan tuntutan terhadap Agama Islam dan melahirkan generasi terpelajar dalam bidang pengajian Islam.
Maktab Mahmud mengamalkan dua sukatan kurikulum pendidikan iaitu Kurikulum Bersepadu Sekolah Menengah Kementerian Pelajaran Malaysia dan Kurikulum Agama. Sejarah penubuhannya pada tahun 1936 sehingga tahun 1998 terdapat hanya sebuah Maktab Mahmud Negeri Kedah Darul Aman iaitu Maktab Mahmud Alor Star.
Pada tahun 2004, 9 buah Sekolah Agama Rakyat telah diambil alih untuk dijadikan Maktab Mahmud Daerah.
Menjadikan jumlah keseluruhannya 12 buah Maktab Mahmud daerah iaitu Alor Star, Yan, Langkawi, Pokok Sena, Padang Terap, Pendang, Merbok, Kuala Muda, Sik, Baling, Bandar Baharu dan Kulim. Pada tahun 1967, Maktab Mahmud telah diambil alih oleh Kerajaan Negeri Kedah melalui Enakmen Lembaga Maktab Mahmud Bil. 5 Tahun 1967. Melalui Enakmen ini, pentadbiran Maktab Mahmud adalah diletakkan di bawah pentadbiran Kerajaan Negeri dan diuruskan oleh Lembaga Maktab Mahmud (Lembaga).
Keanggotaan Lembaga adalah terdiri daripada seorang Pengerusi, 10 orang ahli yang dilantik oleh Kerajaan Negeri atas perkenan Duli Yang Maha Mulia Sultan Kedah. Bidang kuasa Lembaga meliputi perkara pentadbiran, perkhidmatan, kewangan, dan pengurusan pendidikan. Lembaga berkuasa membuat dasar, merancang pembangunan dan membuat keputusan berkaitan hal pentadbiran dan perkhidmatan, pengurusan kewangan, pembangunan dan pengurusan pendidikan Maktab Mahmud.
Untuk makluman, Pihak Pentadbiran Lembaga Maktab Mahmud akan mengadakan urusan pengambilan jawatan kosong:

1. Guru Sandaran Tidak Terlatih (GSTT)


KLIK SINI UNTUK IKLAN JAWATAN DAN CARA MEMOHON

Tarikh Tutup Permohonan: 2 Februari 2012
12:40 PM | 0 comments | Read More

KERJA KOSONG MAJLIS PEPERIKSAAN MALAYSIA 2012

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Jawatan Kosong Majlis Peperiksaan Malaysia (MPM)

The Malaysian Examinations Council (MEC), which was established on 1 February 1980 under the Malaysian Examinations Council Act (Act 225), is a statutory body which operates under the aegis of the Ministry of Education. It was officially launched on 22 April 1980 by the then Minister of Education, Dato' Musa bin Hitam. The objectives of the establishment of MEC are to conduct specified examinations and all other matters necessary or related to such examinations. The examination gazetted is the Sijil Tinggi Persekolahan Malaysia (STPM), which was first implemented in 1982 to replace the Higher School Certificate (HSC) and Sijil Tinggi Persekolahan (STP) examinations which were conducted by the University of Cambridge Local Examinations Syndicate (UCLES). After the takeover of the STP and HSC examinations by the MEC, the names of the examinations were changed to Sijil Tinggi Persekolahan Malaysia (STPM). The MEC was also established to realise the aim of conducting the examination wholly in the Malay language. This is in line with the implementation of the policy to use Malay language as the medium of instruction in the national education system from the primary level to the pre-university level, namely the sixth form.

Majlis Peperiksaan Malaysia ialah sebuah Badan Berkanun di bawah Kementerian Pelajaran Malaysia ingin mempelawa warganegara Malaysia yang berkelayakan untuk mengisi kekosongan jawatan tetap seperti berikut:

1. Pegawai Peperiksaan Gred DG1-1

MUAT TURUN SYARAT LANTIKAN

MUAT TURUN BORANG PERMOHONAN

Closing Date: 3 Februari 2012
12:35 PM | 0 comments | Read More

KERJA KOSONG AKADEMI SAINS MALAYSIA 2012


The Proposal to establish an Academy of Science, Engineering and Technology of Malaysia was submitted to the National Council for Scientific Research and Development (NCSRD or MPKSN). The NCSRD agreed to the recommendation that the Academy should be an independent body and that the Academy should establish strong linkages with the government to ensure the effective implementation of its plan and activities.
Now, ASM is looking for talented, result-oriented as well as highly motivated candidates to fill the following vacancies:

1. Pegawai Komunikasi Korporat (S1-4)
2. Akauntan (W1-1)
3. Penolong Akauntan (W2-1)


KLIK SINI UNTUK IKLAN JAWATAN DAN CARA MEMOHON

Tarikh Tutup Permohonan: 31 Januari 2012
12:31 PM | 0 comments | Read More

KERJA KOSONG PTPTN 2012

Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) telah ditubuhkan di bawah Akta Perbadanan Tabung Pendidikan Tinggi Nasional 1997 (Akta 566) yang mula berkuatkuasa pada 1 Julai 1997. PTPTN mula beroperasi pada 1 November 1997 di Bangunan Wisma Chase Perdana, Off Jalan Semantan, Damansara Heights, Kuala Lumpur.
Sukacita dimaklumkan bahawa Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) mempelawa permohonan daripada WARGANEGARA MALAYSIA yang berkelayakan untuk memohon secara atas talian (on-line) bagi jawatan:

1. Pekerja Sambilan Harian (PSH) Ijazah dan Diploma/STPM


KLIK SINI UNTUK IKLAN JAWATAN DAN CARA MEMOHON

Tarikh Tutup Permohonan: 1 Februari 2012
12:28 PM | 0 comments | Read More

KERJA KOSONG AMANAH RAYA BERHAD 2012


Amanah Raya Berhad or AmanahRaya as we are known, is Malaysia’s premier trustee company. Since its establishment as the Department of Public Trustee and Official Administrator on 1 May 1921, AmanahRaya have served the nation for over 86 years and is the market leader in providing trust, legacy management and will-services.The Department of Public Trustee & Official Administrator was corporatised on 29 May 1995 and on 1 August 1995 commenced its operations as Amanah Raya Berhad.
As trustee and administrator, AmanahRaya’s services encompass the legal, financial and administrative duties in preparing trust documents and wills, acting as trustees of trust funds, acting as administrators and executor of deceased estates as well as monitoring the transaction of unit trust funds under our care.
We are now looking for qualified individuals to fill the following vacancy:

1. Executive


KLIK SINI UNTUK IKLAN JAWATAN DAN CARA MEMOHON

Tarikh Tutup Permohonan: 3 Februari 2012
12:27 PM | 0 comments | Read More

KERJA KOSONG PERBADANAN KEMAJUAN NEGERI MELAKA (PKNM) 2012

Perbadanan Kemajuan Negeri Melaka (PKNM) telah ditubuhkan di bawah Enakmen Perbadanan Kemajuan Negeri Melaka. Enakmen No 1 Tahun 1971 telah diberi peranan dan tugas utama untuk membangunkan serta memajukan Negeri Melaka dalam empat bidang utama iaitu Perindustrian, Pelancongan, Perumahan dan Perniagaan dan Perdagangan.
Perbadanan Kemajuan Negeri Melaka memerlukan Warganegara Malaysia (Keutamaan adalah diberikan kepada Anak Negeri Melaka) yang berkelayakan, dinamik, bercita-cita tinggi dan bersedia menghadapi cabaran ke arah mencapai matlamat Wawasan 2020 untuk pelantikan bagi mengisi jawatan berikut :

1. Juruaudit (W41)


KLIK SINI UNTUK IKLAN JAWATAN DAN CARA MEMOHON

Tarikh Tutup Permohonan: 10 Februari 2012
12:26 PM | 0 comments | Read More

KERJA KOSONG AKPK 2012

The Credit Counselling and Debt Management Agency, or commonly known as Agensi Kaunseling dan Pengurusan Kredit (AKPK), is an agency set up by Bank Negara Malaysia in April 2006 to help individuals take control of their financial situation and gain peace of mind that comes from the wise use of credit.
We have since been successful in constructing an approach to educate the public through the 3 services which we provide: Financial Education, Counselling and Debt Management Programme (DMP). AKPK, centered on meeting the demands of Malaysians seeking financial counselling and advice, ensures that all our services are absolutely free. We value our role as financial educators and realise its importance in building a financially literate society. In order to remain at the forefront of financial education, the agency will continue to introduce innovative ways to enhance consumer financial knowledge. With this, we strive to make prudent financial management a way of life for everyone.

We are now looking for suitable candidate(s) to fill the following positions:

1. Manager Human Resource
2. Senior IT Executive
3. Credit Counsellor


KLIK SINI UNTUK IKLAN JAWATAN DAN CARA MEMOHON

Tarikh Tutup Permohonan: 24 Februari 2012
12:25 PM | 0 comments | Read More

KERJA KOSONG INSTITUT KEFAHAMAN ISLAM MALAYSIA (IKIM) 2012


Institut Kefahaman Islam Malaysia (IKIM) ditubuhkan pada 18 Februari 1992 di bawah Akta Syarikat 1965 dengan bertujuan untuk memberi kefahaman Islam yang tepat melalui pelbagai program dan aktiviti seperti penyelidikan, seminar, bengkel, forum, perundingan, latihan dan penerbitan. Ia dirasmikan pada 3 Julai 1992 oleh YABhg Tun Dr Mahathir Mohamad, Mantan Perdana Menteri Malaysia.
IKIM kini mempunyai kekosongan untuk jawatan seperti berikut:

1. Pegawai Tadbir [Gred 41 (1-1)]
2. Juruteknik [Gred 17 (4-1)]


KLIK SINI UNTUK IKLAN JAWATAN DAN CARA MEMOHON

Tarikh Tutup Permohonan: 14 Februari 2012
12:18 PM | 0 comments | Read More

KERJA KOSONG PERBADANAN USAHAWAN NASIONAL BERHAD (PUNB) 2012


Perbadanan Usahawan Nasional Berhad (PUNB), a wholly owned subsidiary of Yayasan Palaburan Bumiputra (YPB) is involved in the development of local bumiputera entrepreneurs, in order to create a dynamic, competent and progressive Bumiputera Commercial and Industrial Community (BCIC). Due to our current expansion plan, PUNB invites qualified, dynamic and result oriented individuals for the following positions :

1. Company Secretary & Governance (Senior Executive)


KLIK SINI UNTUK IKLAN JAWATAN DAN CARA MEMOHON

Tarikh Tutup Permohonan: 10 Februari 2012
12:17 PM | 0 comments | Read More

KERJA KOSONG PERBADANAN BEKALAN AIR PULAU PINANG (PBAPP) 2012


Perbadanan Bekalan Air Pulau Pinang (PBAPP) is the water supply company that serves the State of Penang in Malaysia. We are a 100% owned subsidiary of PBA Holdings Bhd, a public company that is listed on the Main Board of the Malaysian Bourse (Bursa Malaysia). We will be environmentally sensitive, responsible, proctive, professional, innovative and committed to excellence and sustainable development. We will be responsible for the development of water supply and we will deliver the best possible services by being customer-oriented.
Our mission is to serve as a leading organisation in water supply. Join us for a rewarding career and take on challenges in the water supply industry positively, proactively and productively:

1. 1. Senior Executive (Internal Audit)


KLIK SINI UNTUK IKLAN JAWATAN DAN CARA MEMOHON

Tarikh Tutup Permohonan: 24 Februari 2012
12:16 PM | 0 comments | Read More

KERJA KOSONG IRDA 2012

Written By Admin on Wednesday, January 11, 2012 | 9:07 PM


Located in Johor, the southern gateway to Malaysia, the Iskandar Development Region is poised to become Asia’s most exciting regional metropolis. The Iskandar Regional Development Authority (IRDA) has been entrusted to realise this vision of developing a vibrant new City in the heart of South East Asia.
Such an endeavor will require the talents of the regions best in the area of planning, implementation, coordination, control, management, finance and promotion to ensure the success of the Iskandar Development Region. Work with others who share your same enthusiasm for excellence, new challenges and innovation.
IRDA offers a unique opportunity to be part of a special team that will work towards bringing the vision of a thriving new Asian metropolis which integrates the elements of industry, commerce, lifestyle and entertainment:

1. Vice President of Commercial Stakeholder Communication


KLIK SINI UNTUK IKLAN JAWATAN DAN CARA MEMOHON

Tarikh Tutup Permohonan: 25 Januari 2012
9:07 PM | 0 comments | Read More

KERJA KOSONG KOWAMAS 2012

Written By Admin on Saturday, December 31, 2011 | 12:41 PM



KOWAMAS Careers Kerja Jawatan Kosong 2011, Kowamas is an established credit cooperative and in line with our expansion plan we wish to invite suitably qualified to fill the following challenging positions





( Zoom Ads : Mouse Right Click + Open New Tab )



Close date : 7/1/2012
12:41 PM | 0 comments | Read More

KERJA KOSONG AMANAH IKHTIAR MALAYSIA 2012

Written By Admin on Wednesday, November 16, 2011 | 1:17 PM

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Amanah Ikhtiar Malaysia (AIM) ditubuhkan pada 17 September 1987 melalui Akta Amanah (1952). AIM diuruskan oleh Lembaga Pemegang Amanah yang terdiri daripada pegawai-pegawai kanan yang mewakili Kementerian Kewangan, Unit Perancang Ekonomi (EPU), Unit Penyelarasan Pelaksanaan (ICU), Kementerian Kemajuan Luar Bandar dan Wilayah dan beberapa individu yang dilantik atas dasar kapasiti peribadi.
Jawatan Kosong di Amanah Ikhtiar Malaysia :

1. Pegawai Akaun
2. Penolong Pegawai Akaun
3. Ketua Pegawai Operasi
4. Ketua Pegawai Kewangan

KLIK DI SINI UNTUK IKLAN JAWATAN 1 & 2

KLIK DI SINI UNTUK IKLAN JAWATAN 3 & 4

Tarikh Tutup Permohonan : 28 November 2011


MORE INFO KERJA KOSONG KERAJAAN KLIK SINI
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KERJA KOSONG MAIWP 2012

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Majlis Agama Islam Wilayah Persekutuan (MAIWP) dengan ini mempelawa calon-calon WarganegaraMalaysia yang berkelayakan dalam bidang-bidang berkaitan untuk mengisi kekosongan jawatan di Majlis Agama Islam Wilayah Persekutuan.
Jawatan Kosong di Majlis Agama Islam Wilayah Persekutuan (MAIWP) :

1.Pegawai Perkhidmatan Pendidikan Siswazah Gred DG41
2.Pembantu Hal Ehwal Islam Gred S17

KLIK DI SINI UNTUK IKLAN JAWATAN DAN CARA MEMOHON

Tarikh Tutup Permohonan : 21 November 2011
1:12 PM | 0 comments | Read More

How Forex Brokers Work

Like any other business in the history of business, your broker’s raison d’etre, is to make as big a profit as possible. There are about as many ways to go about this as there are brokers. For those who are in it for the long haul, however, it is generally best to adopt a set of practices which are deemed fair by their clients: certain boundaries are set, and operating beyond them can cost a brokerage its reputation, and along with it its clients. Straying outside these boundaries, therefore, is not considered as being in line with the long term goals of the business. How strictly these boundaries are enforced, especially when there is little chance of clients ever even becoming aware of any transgression, again varies from business to business. For the sake of simplicity, in this article we assume that everyone in the business is squeaky clean, as if every client could peek into the broker’s back office at any time and dissect every trade. This is obviously not the case, and many brokers do take advantage of this opaqueness, but the details of that are best left for another discussion.

So without further ado, let’s get into the details of how forex brokers function. Somewhat removed from the top-tier interbank market, retail forex brokers are there to provide a service that would otherwise not be available, that is, giving an investor with a $10,000 bankroll the chance to speculate in the up-until-recently very exclusive forex market. There are generally considered to be 2 types of brokers providing access at the retail level: Electronic Communications Networks (ECNs) and Market Makers. ECNs are generally somewhat more exclusive, requiring larger deposits to get started, but are seen as providing more direct access to the interbank market. As we will see, there are certainly advantages to this, but some disadvantages as well. Market makers, on the other hand are more often than not, the counter party to their clients’ trades, creating somewhat of a conflict of interest, whereas ECNs profit from commission fees charged directly to the clients, regardless of the result of any trade, they are seen as being completely impartial – an ECN has no incentive for a client to lose money. In fact, one could argue that an ECN stands to profit more if a client is successful, meaning that s/he will stay around longer and they will be able to collect more commission fees from them. A market maker, on the other hand, being the counterparty to a client’s trade, makes money if the client loses money, providing an incentive for some shady practices, particularly in an unregulated market. The extent to which this happens varies among individual brokers. There are also some benefits to trading with a market maker (see our ECNs vs. Market Makers article) Some brokers also provide a service that doesn’t quite fit into either category – they route different orders differently, depending on complex algorithms, or on a dealing desk, that analyze each order and attempt to fill it in the way that will be most beneficial to the broker’s bottom line. They can offset some client orders against one another, effectively creating an in-house market, they can choose to be the counterparty to a client’s trade (trade “against” the client), or they can offset their position with a hedge through a higher-tier counterparty. Note that the market maker is mainly concerned with managing its net exposure, and NOT with any single individual’s trades. They are NOT gunning for your stop losses specifically, but may be gunning for clusters of stops.