Benzinga explains what forex order flow is and how it can make a difference to your success as a currency trader.

Application: Technical indicators may be more useful for longer-term strategies, whereas order flow is beneficial for scalping or day trading due to its immediacy.

Payment order flow has had a spiral effect where it just made it really, really easy to trade and actively trade. I think that it does benefit the market makers and the high frequency trading firms.

However, dropping payment for order flow is only so brave a move from Public. After all, Public was not making Robinhood-level amounts of fetti from its PFOF business.