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A B-Book broker acts as the counterparty to client trades, meaning when the client loses, the broker profits — and vice versa. This creates a structural conflict of interest. B-Book brokers are also called market makers or dealing desk brokers.
If you open a short position on GBP/USD with a B-Book broker, the broker effectively takes the long side. If the price rises and you lose, the broker keeps your loss as profit.