Because the trades placed with mini FX accounts are placed outside of the interbank forex market (due to their size), the marketmaker for the mini trading lots is usually the same brokerage that you have the mini forex account with.
But, because the brokerage can hedge risk effectively in the interbank market, they can (usually) also offer comparative spreads and comparative market prices to the actual forex markets.
However, you’ll find differences in rollover rates (rates paid to or subtracted from an account held overnight) that will affect your trading performance. Therefore, it usually pays off to compare mini FX accounts to find the best rates on overnight positions (in addition to the most competitive spreads).
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