{"id":643972,"date":"2024-10-31T12:02:03","date_gmt":"2024-10-31T11:02:03","guid":{"rendered":"https:\/\/ftmo.com\/?p=643972"},"modified":"2024-10-31T12:03:42","modified_gmt":"2024-10-31T11:03:42","slug":"nha-cung-cap-thanh-khoan-dong-vai-tro-gi-trong-forex","status":"publish","type":"post","link":"https:\/\/ftmo.com\/vi\/nha-cung-cap-thanh-khoan-dong-vai-tro-gi-trong-forex\/","title":{"rendered":"Nh\u00e0 cung c\u1ea5p thanh kho\u1ea3n \u0111\u00f3ng vai tr\u00f2 g\u00ec trong Forex?"},"content":{"rendered":"
G\u1ea7n \u0111\u00e2y ch\u00fang t\u00f4i \u0111\u00e3 vi\u1ebft m\u1ed9t b\u00e0i vi\u1ebft v\u1ec1 c\u00e1ch thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn s\u1ef1 bi\u1ebfn \u0111\u1ed9ng. L\u1ea7n n\u00e0y, ch\u00fang ta s\u1ebd xem x\u00e9t thanh kho\u1ea3n tr\u00ean th\u1ecb tr\u01b0\u1eddng th\u1ef1c s\u1ef1 \u0111\u1ebfn t\u1eeb \u0111\u00e2u v\u00e0 c\u00e1ch c\u00e1c nh\u00e0 giao d\u1ecbch nh\u1ecf l\u1ebb c\u00f3 th\u1ec3 m\u1edf c\u00e1c l\u1ec7nh giao d\u1ecbch t\u01b0\u01a1ng \u0111\u1ed1i l\u1edbn v\u1edbi s\u1ed1 v\u1ed1n \u00edt \u1ecfi nh\u1edd \u0111\u00f2n b\u1ea9y.<\/span><\/em><\/p>\n C\u00e1c nh\u00e0 giao d\u1ecbch ngo\u1ea1i h\u1ed1i th\u01b0\u1eddng kh\u00f4ng b\u1eadn t\u00e2m \u0111\u1ebfn vi\u1ec7c ti\u1ec1n h\u1ecd giao d\u1ecbch th\u1ef1c s\u1ef1 \u0111\u1ebfn t\u1eeb \u0111\u00e2u. \u0110i\u1ec1u n\u00e0y th\u1eadm ch\u00ed m\u1eb7c d\u00f9 h\u1ecd ho\u00e0n to\u00e0n nh\u1eadn th\u1ee9c \u0111\u01b0\u1ee3c r\u1eb1ng ti\u1ec1n g\u1eedi c\u1ee7a h\u1ecd ch\u1ec9 chi\u1ebfm m\u1ed9t ph\u1ea7n nh\u1ecf trong s\u1ed1 ti\u1ec1n h\u1ecd c\u00f3 th\u1ec3 ki\u1ec3m so\u00e1t nh\u1edd \u0111\u00f2n b\u1ea9y. V\u1eady ph\u1ea7n ti\u1ec1n c\u00f2n l\u1ea1i m\u00e0 c\u00e1c nh\u00e0 giao d\u1ecbch nh\u1ecf l\u1ebb (nh\u01b0ng kh\u00f4ng ch\u1ec9 h\u1ecd) giao d\u1ecbch \u0111\u1ebfn t\u1eeb \u0111\u00e2u?<\/span><\/p>\n Thanh kho\u1ea3n \u0111\u1ea7y \u0111\u1ee7 l\u00e0 \u0111i\u1ec1u c\u1ea7n thi\u1ebft trong m\u1ecdi th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh. Trong Forex, l\u00e0 th\u1ecb tr\u01b0\u1eddng thanh kho\u1ea3n nh\u1ea5t, n\u00f3 hi\u1ec3n nhi\u00ean c\u0169ng r\u1ea5t quan tr\u1ecdng. N\u1ebfu kh\u00f4ng c\u00f3 thanh kho\u1ea3n, ch\u00fang ta s\u1ebd kh\u00f4ng th\u1ec3 tho\u1ea3i m\u00e1i th\u1ef1c hi\u1ec7n c\u00e1c giao d\u1ecbch g\u1ea7n nh\u01b0 theo th\u1eddi gian th\u1ef1c, \u0111\u1eb7c bi\u1ec7t l\u00e0 \u1edf nh\u1eefng th\u1ecb tr\u01b0\u1eddng \u00edt ph\u1ed5 bi\u1ebfn h\u01a1n.<\/span><\/p>\n S\u1ef1 thi\u1ebfu thanh kho\u1ea3n tr\u00ean th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i th\u1ec3 hi\u1ec7n r\u00f5 nh\u1ea5t v\u00e0o \u0111\u1ea7u n\u0103m 2015 khi ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Th\u1ee5y S\u0129 b\u1ea5t ng\u1edd ng\u1eebng neo \u0111\u1ed3ng franc Th\u1ee5y S\u0129 v\u00e0o \u0111\u1ed3ng Euro. S\u1ef1 b\u1ea5t ng\u1edd v\u00e0 m\u1ee9c \u0111\u1ed9 kh\u00f4ng ch\u1eafc ch\u1eafn do \u0111\u1ed9ng th\u00e1i n\u00e0y g\u00e2y ra \u0111\u00e3 bu\u1ed9c c\u00e1c c\u00f4ng ty cung c\u1ea5p thanh kho\u1ea3n ph\u1ea3i r\u00fat ti\u1ec1n ra kh\u1ecfi th\u1ecb tr\u01b0\u1eddng v\u00e0 trong v\u00e0i ph\u00fat, th\u1eadm ch\u00ed kh\u00f4ng th\u1ec3 m\u1edf c\u00e1c l\u1ec7nh giao d\u1ecbch m\u1edbi ho\u1eb7c \u0111\u00f3ng c\u00e1c l\u1ec7nh hi\u1ec7n c\u00f3. T\u1ea5t nhi\u00ean, \u0111i\u1ec1u n\u00e0y d\u1eabn \u0111\u1ebfn t\u1ed5n th\u1ea5t l\u1edbn cho c\u00e1c t\u00e0i kho\u1ea3n nh\u1ecf l\u1ebb c\u0169ng nh\u01b0 s\u1ef1 ph\u00e1 s\u1ea3n c\u1ee7a m\u1ed9t s\u1ed1 c\u00f4ng ty m\u00f4i gi\u1edbi.<\/span><\/p>\n N\u1ebfu m\u1ed9t c\u00f4ng ty s\u1eed d\u1ee5ng nhi\u1ec1u nh\u00e0 cung c\u1ea5p thanh kho\u1ea3n ch\u1ea5t l\u01b0\u1ee3ng (LP – Liquidity Provider) cung c\u1ea5p quy\u1ec1n truy c\u1eadp v\u00e0o nh\u00f3m thanh kho\u1ea3n, c\u00e1c nh\u00e0 giao d\u1ecbch c\u00f3 th\u1ec3 th\u1ef1c hi\u1ec7n c\u00e1c l\u1ec7nh c\u1ee7a h\u1ecd v\u1edbi hi\u1ec7n t\u01b0\u1ee3ng kho\u1ea3ng tr\u1ed1ng gi\u00e1 (GAP) v\u00e0 tr\u01b0\u1ee3t gi\u00e1 (Slippage) nh\u1ecf h\u01a1n nhi\u1ec1u ngay c\u1ea3 v\u1edbi c\u00e1c c\u00f4ng c\u1ee5 \u00edt thanh kho\u1ea3n. \u0110\u1ed1i v\u1edbi c\u00e1c c\u00f4ng c\u1ee5 thanh kho\u1ea3n cao, c\u00e1c nh\u00e0 cung c\u1ea5p thanh kho\u1ea3n c\u00f3 th\u1ec3 cung c\u1ea5p gi\u00e1 v\u1edbi m\u1ee9c ch\u00eanh l\u1ec7ch (spreads) g\u1ea7n nh\u01b0 l\u00e0 r\u1ea5t nh\u1ecf.<\/span><\/p>\n C\u00e1c nh\u00e0 cung c\u1ea5p thanh kho\u1ea3n l\u00e0 c\u00e1c t\u1ed5 ch\u1ee9c t\u1ea1o ra thanh kho\u1ea3n th\u00f4ng qua c\u00e1c l\u1ec7nh mua v\u00e0 b\u00e1n c\u1ee7a h\u1ecd, sau \u0111\u00f3 cho ph\u00e9p nh\u1eefng ng\u01b0\u1eddi tham gia th\u1ecb tr\u01b0\u1eddng kh\u00e1c m\u1edf v\u00e0 \u0111\u00f3ng c\u00e1c l\u1ec7nh giao d\u1ecbch c\u1ee7a ri\u00eang h\u1ecd. Nh\u00f3m c\u00e1c nh\u00e0 cung c\u1ea5p thanh kho\u1ea3n n\u1ed5i ti\u1ebfng nh\u1ea5t, hay c\u00e1c LP b\u1eadc 1, bao g\u1ed3m c\u00e1c ng\u00e2n h\u00e0ng to\u00e0n c\u1ea7u l\u1edbn nh\u01b0 Deutsche Bank, JPMorgan, Citibank, c\u00e1c c\u00f4ng ty phi ng\u00e2n h\u00e0ng l\u1edbn, c\u00e1c qu\u1ef9 \u0111\u1ea7u c\u01a1, v.v. C\u00e1c c\u00f4ng ty n\u00e0y h\u00ecnh th\u00e0nh n\u00ean c\u01a1 s\u1edf c\u1ee7a th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i v\u00e0 c\u00f3 th\u1ec3 h\u01b0\u1edfng l\u1ee3i t\u1eeb bi\u1ebfn \u0111\u1ed9ng gi\u00e1 c\u1ee7a c\u00e1c t\u00e0i s\u1ea3n c\u01a1 s\u1edf c\u0169ng nh\u01b0 t\u1eeb s\u1ef1 ch\u00eanh l\u1ec7ch gi\u1eefa gi\u00e1 mua v\u00e0 gi\u00e1 b\u00e1n, t\u1ee9c l\u00e0 ch\u00eanh l\u1ec7ch gi\u00e1. M\u1eb7t kh\u00e1c, nh\u1eefng ng\u01b0\u1eddi tham gia kh\u00e1c \u0111\u01b0\u1ee3c h\u01b0\u1edfng l\u1ee3i t\u1eeb t\u00ednh thanh kho\u1ea3n m\u00e0 c\u00e1c c\u00f4ng ty n\u00e0y duy tr\u00ec tr\u00ean th\u1ecb tr\u01b0\u1eddng.<\/span><\/p>\n C\u00e1c nh\u00e0 cung c\u1ea5p thanh kho\u1ea3n c\u1ea5p 2 sau \u0111\u00f3 ho\u1ea1t \u0111\u1ed9ng nh\u01b0 trung gian gi\u1eefa nh\u00f3m c\u1ea5p 1 v\u00e0 kh\u00e1ch h\u00e0ng cu\u1ed1i, v\u1ec1 m\u1eb7t k\u1ef9 thu\u1eadt h\u1ecd ho\u1ea1t \u0111\u1ed9ng nh\u01b0 c\u00e1c nh\u00e0 m\u00f4i gi\u1edbi. H\u1ecd ki\u1ebfm ti\u1ec1n t\u1eeb ph\u00ed ho\u1eb7c ch\u00eanh l\u1ec7ch gi\u00e1, kh\u1edbp l\u1ec7nh mua v\u00e0 b\u00e1n v\u1edbi kh\u1ed1i l\u01b0\u1ee3ng l\u1edbn v\u00e0 trong m\u1ed9t s\u1ed1 tr\u01b0\u1eddng h\u1ee3p, c\u0169ng c\u00f3 th\u1ec3 ph\u00f2ng ng\u1eeba r\u1ee7i ro cho c\u00e1c l\u1ec7nh giao d\u1ecbch c\u1ee7a c\u00e1c kh\u00e1ch h\u00e0ng.<\/span><\/p>\n Nh\u00f3m m\u00f4i gi\u1edbi \u0111\u1ea7u ti\u00ean ho\u1ea1t \u0111\u1ed9ng nh\u01b0 nh\u1eefng ng\u01b0\u1eddi trung gian m\u1ed9t c\u00e1ch tr\u1ef1c ti\u1ebfp v\u1edbi nh\u00f3m LP, \u0111i\u1ec1u n\u00e0y mang l\u1ea1i cho h\u1ecd nhi\u1ec1u thanh kho\u1ea3n v\u00e0 kh\u1ea3 n\u0103ng cung c\u1ea5p m\u1ee9c ch\u00eanh l\u1ec7ch gi\u00e1 r\u1ea5t h\u1ea5p d\u1eabn. C\u00e1c l\u1ec7nh giao d\u1ecbch do kh\u00e1ch h\u00e0ng m\u1edf \u0111\u01b0\u1ee3c thanh kho\u1ea3n t\u1eeb ph\u00eda LP \u0111\u1ea3m b\u1ea3o, c\u00e1c nh\u00e0 m\u00f4i gi\u1edbi n\u00e0y kh\u00f4ng ph\u1ea3i ph\u00f2ng ng\u1eeba r\u1ee7i ro cho c\u00e1c l\u1ec7nh c\u1ee7a kh\u00e1ch h\u00e0ng. C\u00e1c nh\u00e0 m\u00f4i gi\u1edbi STP ki\u1ebfm l\u1ee3i nhu\u1eadn b\u1eb1ng c\u00e1ch \u00e1p d\u1ee5ng bi\u00ean \u0111\u1ed9 c\u1ee7a h\u1ecd v\u00e0o m\u1ee9c ch\u00eanh l\u1ec7ch gi\u00e1, trong khi c\u00e1c nh\u00e0 m\u00f4i gi\u1edbi ECN t\u00ednh ph\u00ed cho m\u1ed7i l\u1ec7nh nh\u01b0ng cung c\u1ea5p m\u1ee9c ch\u00eanh l\u1ec7ch gi\u00e1 th\u1ea5p h\u01a1n.<\/span><\/p>\n C\u00e1c c\u00f4ng ty m\u00f4i gi\u1edbi kh\u00f4ng s\u1eed d\u1ee5ng d\u1ecbch v\u1ee5 c\u1ee7a c\u00e1c nh\u00e0 cung c\u1ea5p thanh kho\u1ea3n l\u1edbn, h\u1ecd t\u1ef1 ho\u1ea1t \u0111\u1ed9ng nh\u01b0 c\u00e1c nh\u00e0 cung c\u1ea5p thanh kho\u1ea3n ho\u1eb7c nh\u01b0 m\u1ed9t nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng. C\u00e1c c\u00f4ng ty n\u00e0y ch\u1ee7 y\u1ebfu ki\u1ebfm l\u1ee3i nhu\u1eadn t\u1eeb ch\u00eanh l\u1ec7ch gi\u00e1, nh\u01b0ng c\u0169ng c\u00f3 th\u1ec3 m\u1edf c\u00e1c l\u1ec7nh giao d\u1ecbch ch\u1ed1ng l\u1ea1i c\u00e1c kh\u00e1ch h\u00e0ng c\u1ee7a h\u1ecd, \u0111i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 khi\u1ebfn kh\u00e1ch h\u00e0ng c\u1ee7a h\u1ecd g\u1eb7p ph\u1ea3i t\u00ecnh tr\u1ea1ng tr\u01b0\u1ee3t gi\u00e1 t\u01b0\u01a1ng \u0111\u1ed1i \u0111\u00e1ng k\u1ec3 tr\u00ean c\u00e1c th\u1ecb tr\u01b0\u1eddng \u00edt thanh kho\u1ea3n h\u01a1n.<\/span><\/p>\n Do quy \u0111\u1ecbnh ng\u00e0y c\u00e0ng t\u0103ng tr\u00ean th\u1ecb tr\u01b0\u1eddng sau cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh, hi\u1ec7n nay kh\u00f4ng d\u1ec5 \u0111\u1ec3 t\u00ecm \u0111\u01b0\u1ee3c c\u00e1c nh\u00e0 cung c\u1ea5p thanh kho\u1ea3n ch\u1ea5t l\u01b0\u1ee3ng. C\u00e1c y\u00eau c\u1ea7u v\u1ec1 v\u1ed1n nghi\u00eam ng\u1eb7t v\u00e0 h\u1ea1n ch\u1ebf \u0111\u1ed1i v\u1edbi Prop Trading n\u00f3i chung c\u00f9ng v\u1edbi th\u00e1i \u0111\u1ed9 n\u00e9 tr\u00e1nh r\u1ee7i ro li\u00ean quan \u0111\u00e3 khi\u1ebfn nhi\u1ec1u ng\u00e2n h\u00e0ng b\u1eaft \u0111\u1ea7u s\u1eed d\u1ee5ng d\u1ecbch v\u1ee5 c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng l\u1edbn h\u01a1n kh\u00e1c. M\u1ed9t trong nh\u1eefng k\u1ebft qu\u1ea3 l\u00e0 t\u00e1i ch\u1ebf thanh kho\u1ea3n v\u00e0 s\u1ed1 l\u01b0\u1ee3ng LP b\u1eadc 1 \u0111\u00e3 gi\u1ea3m d\u1ea7n<\/span><\/p>\n Khi l\u1ef1a ch\u1ecdn nh\u00e0 cung c\u1ea5p thanh kho\u1ea3n \u0111\u00e1ng tin c\u1eady, c\u00e1c c\u00f4ng ty m\u00f4i gi\u1edbi ho\u1eb7c c\u00e1c c\u00f4ng ty Prop trading ph\u1ea3i ch\u00fa \u00fd \u0111\u1ebfn t\u00ednh \u1ed5n \u0111\u1ecbnh v\u1ec1 v\u1ed1n, t\u00ednh minh b\u1ea1ch, uy t\u00edn, n\u1ec1n t\u1ea3ng c\u00f4ng ngh\u1ec7, th\u1ecb tr\u01b0\u1eddng m\u00e0 c\u00f4ng ty ho\u1ea1t \u0111\u1ed9ng ho\u1eb7c c\u00e1c quy \u0111\u1ecbnh ph\u00e1p l\u00fd m\u00e0 nh\u00e0 cung c\u1ea5p ph\u1ea3i tu\u00e2n th\u1ee7. C\u00e1c c\u00f4ng ty kh\u00f4ng \u0111\u01b0\u1ee3c qu\u1ea3n l\u00fd c\u00f3 ti\u1ec1n s\u1eed thao t\u00fang th\u1ecb tr\u01b0\u1eddng ch\u1eafc ch\u1eafn kh\u00f4ng ph\u1ea3i l\u00e0 \u1ee9ng c\u1eed vi\u00ean t\u1ed1t \u0111\u1ec3 ho\u1ea1t \u0111\u1ed9ng v\u1edbi t\u01b0 c\u00e1ch l\u00e0 m\u1ed9t nh\u00e0 cung c\u1ea5p thanh kho\u1ea3n.<\/span><\/p>\n FTMO n\u1ed7 l\u1ef1c cung c\u1ea5p cho c\u00e1c nh\u00e0 giao d\u1ecbch c\u1ee7a m\u00ecnh nh\u1eefng \u0111i\u1ec1u ki\u1ec7n t\u1ed1t nh\u1ea5t c\u00f3 th\u1ec3 c\u00f3 tr\u00ean th\u1ecb tr\u01b0\u1eddng v\u00e0 s\u1eed d\u1ee5ng c\u00e1c d\u1ecbch v\u1ee5 c\u1ee7a m\u1ed9t s\u1ed1 nh\u00e0 cung c\u1ea5p thanh kho\u1ea3n h\u00e0ng \u0111\u1ea7u, cho c\u1ea3 ngo\u1ea1i h\u1ed1i v\u00e0 CFD h\u00e0ng h\u00f3a, ch\u1ec9 s\u1ed1 v\u00e0 ti\u1ec1n \u0111i\u1ec7n t\u1eed. \u0110i\u1ec1u n\u00e0y cho ph\u00e9p ch\u00fang t\u00f4i cung c\u1ea5p cho kh\u00e1ch h\u00e0ng m\u1ee9c ch\u00eanh l\u1ec7ch r\u1ea5t c\u1ea1nh tranh c\u0169ng nh\u01b0 m\u1ee9c ph\u00ed h\u1ea5p d\u1eabn.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" G\u1ea7n \u0111\u00e2y ch\u00fang t\u00f4i \u0111\u00e3 vi\u1ebft m\u1ed9t b\u00e0i vi\u1ebft v\u1ec1 c\u00e1ch thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn s\u1ef1 bi\u1ebfn \u0111\u1ed9ng. L\u1ea7n n\u00e0y, ch\u00fang ta s\u1ebd xem x\u00e9t thanh kho\u1ea3n tr\u00ean th\u1ecb tr\u01b0\u1eddng th\u1ef1c s\u1ef1 \u0111\u1ebfn t\u1eeb \u0111\u00e2u v\u00e0 c\u00e1ch c\u00e1c nh\u00e0 giao d\u1ecbch nh\u1ecf l\u1ebb c\u00f3 th\u1ec3 m\u1edf c\u00e1c l\u1ec7nh giao d\u1ecbch t\u01b0\u01a1ng \u0111\u1ed1i […]<\/p>\n","protected":false},"author":31,"featured_media":644003,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[89019],"tags":[],"class_list":["post-643972","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-tips-vi"],"acf":[],"yoast_head":"\nB\u1ea1n kh\u00f4ng th\u1ec3 l\u00e0m \u0111\u01b0\u1ee3c \u0111i\u1ec1u \u0111\u00f3 n\u1ebfu kh\u00f4ng c\u00f3 thanh kho\u1ea3n<\/b><\/h2>\n
Nh\u00e0 cung c\u1ea5p thanh kho\u1ea3n so v\u1edbi nh\u00e0 m\u00f4i gi\u1edbi<\/b><\/h2>\n
STP, ECN, Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/b><\/h2>\n
FTMO v\u00e0 thanh kho\u1ea3n<\/b><\/h2>\n