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About People Selling Forex Systems

Discussion in 'Forex Company Comparisons' started by jbmaverick, Sep 13, 2013.

  1. landorra

    landorra Private

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    Brokers are supported by banks which provide their liquidity. As far as that liquidity is not serious enough nothing will happen. But believe me that they will cut your wing as soon as they see many accounts are winning money at the same time on the same trades.
     
  2. OksanaChyzh

    OksanaChyzh Recruit

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    But every trader choses his/her own broker. There are no rule that if you use some EA you have to use the same broker as all other people that use the same EA. So basically even if many traders win at the same time on the same trade it doesn't matter. Cause it might be one person per one broker. They can't see how many traders that use different brokers win on the same trades.
     
  3. landorra

    landorra Private

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    Brokers report all trades to their liquidity providers (they pay the money after all). Once a liquidity provider notices that 100 trades are exactly operated at the same initial and final time, no matter on how many brokers it happens, they simply cut the money flow. Then your broker says you cannot operate anymore with this leverage or any other pathetic excuse. Believe, they screw you as much as they can.
     

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