Forgd's RFQ process replaces the opacity and intermediary bias of voice brokering with a structured, competitive, and transparent marketplace. Key differences include:

• Competition: Over 30 market makers compete for your engagement simultaneously, driving more favorable terms through a dynamic bidding environment.
• Transparency: Each market maker receives anonymized insights on competing proposals, enabling real-time quote adjustments.
• Standardization: Forgd translates complex proposals into plain text, enabling true apples-to-apples comparison across providers.
• Data-driven selection: Forgd's leaderboard provides historical performance data (depth, spreads, uptime) so your decision is informed by track record, not just commercial terms.
• No intermediary commission: Forgd's platform is free for projects, eliminating the commission-driven conflicts inherent in voice brokering.
• Continuity: Once you select a market maker through the RFQ, Forgd's Market Maker Monitoring tool provides ongoing performance transparency.

If you're evaluating market makers and want real price discovery — not recycled quotes — run a structured RFQ through Forgd.

Book a consultation with our team and we'll walk you through the process, benchmark your current terms, and show you exactly how competitive your options really are.