Malacca is well-known due to its unique history. Melaka history
started when the prince from Palembang Annals has been involved in the
battle to grab the throne of Majapahit at the end of the 14th century.
Once defeated by Majapahit, he has ran for cover into Temasek which was
then dominated by Siam. Once expelled from Temasek by colonists from
Siam, in 1396, he and his followers withdrew to Muar and later to
Seremban before calling at Bertam of Malacca near the river mouth.
Jawatan Kosong Kerajaan Negeri Melaka September 2013 :
- PEKERJA AWAM R1
- PENGAWAS HUTAN G11
- PENGAWAL KESELAMATAN KP11
- PENGHANTAR NOTIS N3
- PEMANDU KENDERAAN R3
- PEMBANTU AM PEJABAT N1
- TUKANG K1 R3
- TUKANG K2 R11
- TUKANG K3 R9
CLICK HERE FOR JOB APPLICATION AND HOW TO APPLY
CLICK HERE FOR ONLINE REGISTRATION
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
Permohonan adalah dipelawa daripada Warganegara Malaysia (keutamaan diberi kepada anak Negeri Melaka) untuk mengisi kekosongan jawatan-jawatan di Putri Holidays Sdn Bhd.JAWATAN :1. PENGURUS PELANCONGAN (1 KEKOSONGAN)2. EKSEKUTIF PELANCONGAN (1 KEKOSONGAN)3. KERANI (3 KEKOSONGAN)SYARAT AM : (a) warganegara Malaysia(b) berumur tidak kurang daripada 18 tahun pada tarikh tutup iklan jawatan(c) kepujian Bahasa Malaysia/Bahasa Melayu (termasuk lulus ujian lisan) pada peringkat Sijil Pelajaran Malaysia atau kelulusan yang diiktiraf setaraf dengannya oleh Kerajaan(d) berkebolehan menggunakan komputerPemohon hendaklah menggunakan borang permohonan yang boleh didapati di Aras 13, Pejabat Yayasan Melaka dengan percuma atau melayari laman sesawang Yayasan Melaka di alamatwww.yayasanmelaka.gov.my . Semua permohonan hendaklah lengkap dengan salinan kad pengenalan, salinan ijazah, diploma daripada mana-mana institut pengajian tinggi yang diiktiraf oleh Kerajaan, sijil-sjil persekolahan dan lain-lain sijil berkaitan yang telah disahkan. Permohonan yang tidak lengkap tidak akan dipertimbangkan. Permohonan yang telah lengkap hendaklah dihantar sebelum atau pada 23 November, 2011 dan dialamatkan kepada:-PengerusiMelaka Air Sdn Bhdd.a Yayasan MelakaAras 13-14, Bangunan Yayasan Melaka,Jalan MITC, Hang Tuah Jaya,75450 Ayer Keroh, Melaka.(UP: Bahagian Sumber Manusia)INFO LANJUT DAN PERMOHONAN Klik Sini
Permohonan adalah dipelawa daripada warganegara
Malaysia (Anak Negeri Melaka) untuk mengisi
kekosongan jawatan di Majlis Perbandaran Hang Tuah Jaya (MPHTJ) seperti berikut :
Iklan Jawatan Kosong di Majlis Perbandaran Hang Tuah Jaya |
| Bil | Jawatan | Kumpulan Perkhidmatan | Taraf Jawatan |
| 1 | Pegawai Penilaian Gred W41 | Pengurusan dan Profesional | Tetap (1 Kekosongan) |
| 2 | Pemandu Kenderaan (Bas Panorama) Gred R3 | Sokongan | Sambilan (2 Kekosongan) |
| 3 | Pemandu Kenderaan (Skylift) Gred R3 | Sokongan | Sambilan (1 Kekosongan) |
| Cara Memohon : |
-
Permohonan hendaklah menggunakan Borang Permohonan Jawatan Kosong Majlis Perbandaran Hang Tuah Jaya yang boleh didapati dari di laman web MPHTJ iaitu http://www.mphtj.gov.my atau datang sendiri ke Jabatan Pengurusan, Majlis Perbandaran Hang Tuah Jaya.
|
|
- Permohonan adalah dipelawa daripada warganegara Malaysia dan keutamaan kepada anak kelahiran Negeri Melaka.
|
|
- Permohonan hendaklah disertakan dengan sesalinan sijil-sijil kelayakan dan dokumen yang disahkan. Permohonan yang tidak lengkap dan tidak memenuhi syarat-syarat kelayakan yang ditetapkan akan ditolak.
|
|
- Pemohon-pemohon yang sedang berkhidmat dalam perkhidmatan Kerajaan, Badan-Badan Berkanun atau Pihak Berkuasa Tempatan hendaklah mengemukakan salinan kenyataan perkhidmatan yang telah dikemaskini dan Laporan Penilaian Prestasi Tahunan (LNPT) terkini dan dihantar melalui majikan masing-masing.
|
|
- Borang permohonan yang telah lengkap hendaklah dihantar di dalam sampul surat berukuran 32sm x 22sm. Disudut atas sebelah kiri sampul hendaklah ditulis NAMA JAWATAN yang dipohon.
|
|
- Alamat permohonan dan tarikh tutup permohonan :
|
|
| Yang Dipertua |
| Majlis Perbandaran Hang Tuah Jaya |
| Lot F51 & F52, Tingkat 1, |
| Kompleks Melaka Mall, |
| Jalan Tun Abdul Razak,Ayer Keroh, |
| 75450 Ayer Keroh, Hang Tuah Jaya, Melaka |
| ( u.p : Bahagian Sumber Manusia, Jabatan Pengurusan) |
| Tarikh Tutup Permohonan |
| A. PEGAWAI PENILAIAN GRED W41 : 31 OKTOBER 2011 |
| B. PEMANDU KENDERAAN (BAS PANORAMA) GRED R3 : 25 OKTOBER 2011 |
| C. PEMANDU KENDERAAN (SKYLIFT) GRED R3 : 31 OKTOBER 2011 |
We are an established automotive company engaged in manufacturing, assembling and distribution of Honda automobiles. In line with our continuous effort to expand our operations in Malaysia, we are now inviting ambitious and highly motivated individuals to join our dynamic team as :
Public Relation Executive
Work Location : Petaling Jaya
Responsibilities
- Carry out PR plans effectively
- Enhance PR matters and media relations across the media industry
- Support the planning of long-term PR plans and strategies
- Provide insightful analysis in order to implement effective PR strategies
- Requirements
- Diploma/Degree in Public Relation/Mass Communication/Journalism
- Minimum 1 year experience in PR or media relations
- Able to work independently with good planning and project management skills
- Willing to travel and possess a valid driving license
- PC literate with excellent interpersonal, presentation and writing skills
- Sharp and creative with good critical thinking skills
Non-Technical Instructor (Executive)
Work Location : Melaka
Responsibilities:
- Conduct training/evaluation on standard service transactions and interpersonal skills for dealer personnel
- Plan, propose and produce training modules
- Evaluate, analyse and report training outcomes
Requirements
- Diploma & above from relevant field
- Computer literate with excellent interpersonal, presentation and writing skills
- Relevant experience will be an advantage
- Preferable w/ dealer service operation knowledge or experience
- Fluent in Bahasa/English. Added advantage if fluent in Mandarin
Body & Paint Instructor (Executive)
Work Location : Melaka
Responsibilities
- Conduct automative body & paint repair training/evaluation to dealer service personnel
- Plan, propose and produce training modules
- Evaluate, analyse and report training outcomes
- Control and manage training equipment/tools & consumables
Requirements
- Certificate/Diploma from a technical school or above
- Relevant experience will be an advantage
- Computer literate with excellent interpersonal, presentation and writing skills
- Good technical knowledge in body & paint repair
- Fluent in Bahasa/English. Added advantage if fluent in Mandarin
Staff Engineer
Work Location : Melaka
Requirements
- Diploma/Degree in Mechanical Engineering/ Electrical Engineering or its equivalent
- 1-2 years experience in the related field, especially in as manufacturing environment preferred
- Knowledge in assemble line is an advantages
- Excellent interpersonal skill and fluent in Bahasa Malaysia and English
- Japanese speaker will be an added advantage
- Computer literate
Clerk
Work Location : Alor Gajah
Responsibilities
- To assist in clerical task in Human Resource Department
- To prepare any report requested from superior
- To gather and collect information requested from superior
Requirements
- Computer skill knowledge (level of understanding at intermediate level)
- Intermediate level of overall Human Resource Management knowledge
- Communication skill
- Time management skill
- Willing to work in Alor Gajah, Malacca
Human Resource Executive (Outsource Manpower Management)
Work Location : Melaka
Responsibilities
- To monitor the overall Outsource Manpower in Honda Malaysia
- To manage the Management of Outsource Manpower Company
- To ensure Outsource Company supply sufficient manpower to Production timely
- To ensure Payment made to Outsource Company timely
- To administer any Outsourced Management issues
Requirements
- Degree in Human Resource Management or any equivalent
- At least 1year experience in manufacturing industry as a planner on manpower placement
- Have an experience on conducting the job competency and job mapping will be an extra advantages
- Must understand the basic Employment Act, IR Act and related act involved in HR field
- Strong presentation and facilitation skills
- Computer literate and good communication skills
- Willing to work in Alor Gajah, Malacca
Human Capital Development Senior Executive
Work Location : Alor Gajah
Responsibilities
- To administer and coordinate the overall HMSB Human Capital Development is including Career Advancement, Succession Planning, Promotion & Upgrading Exercise and individual competency mapping activities
- To develop the competency matrix system via OJT Mapping Program
- To coordinate the Succession Planning activity for company wide
- To develop the Career Advancement Model Line
- To coordinate the overall Promotion & Upgrading Assessment Program
- To co-work with Training Department on the associate individual development plan
- To strategies the Retention Program focusing on development plan (co-work with C&B)
- To administer the associate development plan database
- To assist on HR Planning, policy & procedure database
Requirements
- Diploma / Degree holder in any relevant
- Computer literate and presentation skill needed
- Good communication skill from top to lower level of people
- Willing to work in Alor Gajah, Malacca
Customer Service Executive (Outbound)
Work Location : Petaling Jaya
- Responsibilities
- Handle customers’ enquiries and concerns through walk-ins/toll free line
- Conduct detail investigations on customers’ concerns by liaising with our dealers and the respective internal departments
- Handle follow-up calls and feedback to customers on concerns within the agreed time
- Continuously strive to develop and maintain customer rapport and satisfaction
- Assist in compiling weekly/monthly reports
Requirements
- Minimum Diploma with 1 year experience in customer service
- Able to work under pressure
- Must be computer literate with good communication and interpersonal skills
- Excellent command of both written and spoken English
- Customer service oriented and strong belief in 'customers come first'
Sales & Marketing Trainer
Work Location : Petaling Jaya
Responsibilities
- Able to train the Sales Force, Dealer Management for Product Training & Selling Skills
- Ability to source, research & develop new training materials
- To collect data, conduct analysis and determine the best course of action
- Involved in the creative process of developing specialized training materials and tools or SOP’s for business partners
Requirements
- Degree / Diploma in Marketing, Business studies, Automobile or equivalent
- Age requirement must not exceed 35 years old
- Minimum 1 - 2 years’ of working experience in Automobile, Life Insurance, MLM or Hospitality Industry as a trainer
- Must have high passion and interest in automobile. Automobile technical knowledge will be an advantage
- A self-starter with excellent presentation skills
- Fluent in both spoken and written English & Bahasa Malaysia
- Pleasant personality with service-oriented work perspective
- Able to communicate at all level and computer literate
- People orientated and good public speaking skills
- Willing to travel extensively and posses valid driving license
Apply for this jobs
Permohonan jawatan Guru Sandaran Tidak Terlatih (GSTT) di sekolah-sekolah Menengah Kebangsaan Negeri Melaka bagi tahun 2011 adalah dibuka mulai 1 - 31 Januari 2011. Pemohon yang mempunyai syarat-syarat di bawah sahaja dipelawa memohon :
1. Guru Sandaran Tidak Terlatih (GSTT)
i.Warganegara Malaysia;
ii.Lahir selepas atau pada tahun 1977;
iii.Mempunyai Ijazah Sarjana Muda (sudah mempunyai skrol) dari Universiti yang diiktiraf;
iv.Kepujian dalam Bahasa Melayu di peringkat SPM atau yang setaraf dengannya
v.Bagi lantikan guru-guru Agama, calon-calon hendaklah mempunyai kelulusan Bahasa Arab sekurang-kurangnya peringkat SPM, matapelajaran Agama Islam Tinggi ataupun IV Senawi
Borang permohonan boleh didapati di Unit Sekolah Menengah, Jabatan Pelajaran Melaka atau boleh dimuat turun di sini.
MUAT TURUN BORANG PERMOHONAN Borang yang sudah dilengkapkan hendaklah dihantar ke :
Unit Sekolah Menengah,
Jabatan Pelajaran Melaka,
Jalan Istana 75450
Bukit Beruang, Melaka
Kekosongan adalah terhad dan sebarang permohonan lewat dari tarikh yang dinyatakan tidak akan dilayan.
Tarikh Tutup Permohonan : 31 Januari 2011MORE INFO FRESH GRADUATE JOBS MORE INFO EXECUTIVE LEVEL JOBS
Permohonan adalah dipelawa daripada Warganegara Malaysia yang berumur tidak kurang 18 tahun pada tarikh tutup iklan dan keutamaan diberikan kepada anak Negeri Melaka yang berkelayakan untuk mengisi kekosongan bagi jawatan berikut:
1. PEGAWAI PENILAIAN GRED W44
SYARAT LANTIKAN:
- Pegawai Penilaian Gred W41 adalah layak dipertimbangkan bagi kenaikan pangkat ke jawatan Pegawai Penilaian Gred W44 yang kosong apabila telah:-
a) Disahkan dalam perkhidmatan
b) Mencapai tahap prestasi yang ditetapkan
c) Lulus semua penilaian tahap kecekapan yang ditetapkan
d) Diperakui oleh ketua perkhidmatan
CARA MEMOHON:
- Permohonan hendaklah menggunakan Borang Permohonan Jawatan Kosong Majlis Perbandaran Alor Gajah yang boleh didapati secara PERCUMA di Kaunter Majlis Perbandaran Alor Gajah pada waktu pejabat.
- Semua permohonan hendaklah disertakan dengan salinan sijil-sijil persekolahan, kad pengenalan, sijil kelahiran, gambar terkini berukuran passport serta lain-lain dokumen sokongan yang berkaitan.
- Permohonan dari pegawai sedang berkhidmat dengan Kerajaan/Pihak Berkuasa Tempatan/Badan Berkanun hendaklah dibuat melalui Ketua Jabatan masing-masing mengikut (P.U.(A) 176/2005).
- Borang permohonan yang telah lengkap diisi hendaklah ditulis nama jawatan di bahagian atas sebelah kiri sampul surat dan dikirim atau datang sendiri ke Majlis Perbandaran Alor Gajah seperti alamat berikut:
YANG DIPERTUA
MAJLIS PERBANDARAN ALOR GAJAH
JALAN DATO' DOL SAID
78000 ALOR GAJAH
MELAKA
CATITAN AM:
- Hanya calon-calon yang berkelayakan selepas tapisan dan didapati sesuai sahaja akan dipanggil untuk temuduga. Pemohon yang tidak dihubungi adalah dianggap tidak berjaya.
- PIhak Majlis Perbandaran Alor Gajah berhak memilih mana-mana calon yang difikirkan layak dan bersesuaian. Keputusan adalah muktamad.
- Pemohonan yang tidak mematuhi/memenuhi syarat-syarat diatas dan tidak menyertakan salinan dokumen yang berkaitan dengan lengkap, tidak akan dipertimbangkan.
- Keutamaan akan diberikan kepada calon yang mempunyai kemahiran dan berpengalaman dengan jawatan yang dipohon.
- Pihak Majlis tidak akan bertanggungjawab atau menanggung segala perbelanjaan berkaitan dengan temuduga.
Tarikh Tutup Permohonan : 16 Ogos 2010
Felda Travel Sdn Bhd adalah sebuah anak syarikat Felda Holdings Bhd yang menjalankan aktiviti pelancongan serta menguruskan beberapa pusat peranginan di negeri-negeri Pahang, Negeri Sembilan, Johor, Perak dan Sabah. Sebagai usaha memperkembangkan perniagaannya, ia senantiasa membina pusat-pusat peranginan yang baru di lokasi-lokasi menarik. Sehubungan itu, Felda Travel Sdn Bhd mempunyai pelbagai kekosongan jawatan untuk warganegara Malaysia yang berkelayakan yang berhasrat membina kerjaya dalam bidang ini.
1. EKSEKUTIF FOOD & BEVERAGES
2. EKSEKUTIF HOUSEKEEPING
3. EKSEKUTIF KEWANGAN
4. EKSEKUTIF SUMBER MANUSIA & PENTADBIRAN
5. EKSEKUTIF KONTRAK DAN PEMBELIAN
6. EKSEKUTIF FRONT OFFICE
7. EKSEKUTIF REKREASI
8. EKSEKUTIF SENGGARAAN (CHARGEMAN)
9. EKSEKUTIF HOUSEKEEPING
10.KERANI AKAUN/SUMBER MANUSIA & PENTADBIRAN/ KONTRAK & PEMBELIAN
11.JURUTEKNIK
12.PENYELIA JUALAN
13.PENYELIA SENGGARAAN
14.PENYELIA REKREASI
15.PENYELIA FRONT OFFICE
16.PENYELIA HOUSEKEEPING
17.PEMBANTU AM (10 Kekosongan)
18.PENYAMBUT TETAMU (7 Kekosongan)
19.PEMBANTU REKREASI (3 Kekosongan)
20.ATENDAN KOLAM RENANG (2 Kekosongan)
21.TUKANG KEBUN (3 Kekosongan)
22.BELLMAN (3 Kekosongan)
MUAT TURUN SYARAT KELAYAKANCalon-calon yang berminat dipelawa menghantar resume yang lengkap dengan menyatakan kelayakan, pengalaman kerja berserta sekeping gambar terbaru berukuran pasport (t.d.) tidak lewat daripada 13 Ogos 2010 kepada:
PENGURUS KANAN
BAHAGIAN STAFFING & PERHUBUNGAN UNIVERSITI
FELDA HOLDINGS BHD, TINGKAT 9, BALAI FELDA
JALAN GURNEY SATU 54000 KUALA LUMPUR
Hanya calon-calon yang disenarai pendek sahaja akan dipanggil untuk temuduga.
Tarikh Tutup Permohonan: 13 OGOS 2010
Jawatan Kosong EON Bank1. Prestige Centre Relationship Manager
2. Personal Financial Consultant / Personal Banking Officer
3. Mobile Sales Officer
4. Mobile Sales Manager
5. Team Sales Manager (Call for Cash / Balance Transfer / Personal Loan / Credit Card)
6. Telemarketing Sales Executive (Call for Cash / Balance Transfer / Personal Loan / Credit Card)
7. Telemarketing Sales Support Executive
8. Manager - Internal Communications & Corporate Social Responsibility
9. Senior Executive - Publicity & Media Relations
10. IT Manager - Project Management
11. Manager - Compliance ( Stockbroking )
12. Account Manager - EON Bank Priority Investment Centre (EPIC)
13. Corporate Finance - Executive / Senior Executive
14. Assistant Manager - Credit Supervision
15. Marketing Manager - Product Management
16. Sales Executive
DOWNLOAD JOBS REQUIREMENTS HEREWe offer attractive remuneration package as well as opportunities for career advancement for successful candidates. Send us your detailed resume stating qualification(s), working experience (if any) with copies of your academic transcripts, relevant certificates and a passport sized photograph via email to
careers@eonbank.com.my or by post to:
Recruitment Manager
Group Human Resource
EON Bank Group
16th Floor, Menara EON Bank
288 Jalan Raja Laut
50350 Kuala Lumpur
All applications will be treated in the strictest confidence. We regret that only shortlisted candidates will be notified.
Closing Date:31 July 2010
MORE INFO ..
IKLAN JAWATAN KOSONG
KEMENTERIAN KEMAJUAN LUAR BANDAR DAN WILAYAH
Warganegara Malaysia yang berkelayakan adalah dipelawa untuk menyertai warga
Kementerian Kemajuan Luar Bandar dan Wilayah melalui jawatan berikut :-
1. JAWATAN : PEKERJA KHIDMAT SINGKAT
(Pengurus Medan Infodesa)
a) Kementerian/Jabatan/ : Kementerian Kemajuan Luar Bandar dan Wilayah
Badan Berkanun/Pihak
Berkuasa Tempatan
b) Kumpulan Perkhidmatan : Sokongan
c) Klasifikasi Perkhidmatan : Klasifikasi Perkhidmatan Sistem Maklumat
TARIKH TUTUP PERMOHONAN
Tarikh Tutup : Terbuka
DOWNLOAD IKLAN
PENGHANTARAN BORANG
a) Permohonan mestilah disertakan bersama dengan satu salinan (salinan perlu
disahkan:
i) Resume/CV Bergambar
ii) Kad Pengenalan
iii) Sijil-Sijil Akademik (SPM,Diploma,Ijazah)
iv) Sijil-Sijil Ko-Kurikulum
b) Permohonan hendaklah dikemukakan kepada :
SETIAUSAHA BAHAGIAN
KEMENTERIAN KEMAJUAN LUAR BANDAR DAN WILAYAH
BAHAGIAN PENGUPAYAAN KOMUNITI DAN INFODESA
TINGKAT BAWAH, MIECC
JALAN DULANG, MINES RESORT CITY
43300 SERI KEMBANGAN
SELANGOR DARUL EHSAN
IKLAN JAWATAN KOSONG
KEMENTERIAN KEMAJUAN LUAR BANDAR DAN WILAYAH
Warganegara Malaysia yang berkelayakan adalah dipelawa untuk menyertai warga
Kementerian Kemajuan Luar Bandar dan Wilayah melalui jawatan berikut :-
1. JAWATAN : PEKERJA KHIDMAT SINGKAT
(Pengurus Medan Infodesa)
a) Kementerian/Jabatan/ : Kementerian Kemajuan Luar Bandar dan Wilayah
Badan Berkanun/Pihak
Berkuasa Tempatan
b) Kumpulan Perkhidmatan : Sokongan
c) Klasifikasi Perkhidmatan : Klasifikasi Perkhidmatan Sistem Maklumat
TARIKH TUTUP PERMOHONAN
Tarikh Tutup : Terbuka
DOWNLOAD IKLAN
PENGHANTARAN BORANG
a) Permohonan mestilah disertakan bersama dengan satu salinan (salinan perlu
disahkan:
i) Resume/CV Bergambar
ii) Kad Pengenalan
iii) Sijil-Sijil Akademik (SPM,Diploma,Ijazah)
iv) Sijil-Sijil Ko-Kurikulum
b) Permohonan hendaklah dikemukakan kepada :
SETIAUSAHA BAHAGIAN
KEMENTERIAN KEMAJUAN LUAR BANDAR DAN WILAYAH
BAHAGIAN PENGUPAYAAN KOMUNITI DAN INFODESA
TINGKAT BAWAH, MIECC
JALAN DULANG, MINES RESORT CITY
43300 SERI KEMBANGAN
SELANGOR DARUL EHSAN
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.
