greetings

[nobletek]

Hello fellow traders,

I'm new in dis forum and dis is my 1st thread.
Persently i'm trading on Marketiva platform.
How is trading generally?

My question to experienced/professional fx traders is,are we trading with the broker's computer server or with other traders all over the world?

Thnx,
nobletek

 

[Pharaoh]

That depends on the broker.

Most will internally match you against other customers trading the opposite way first (that makes sense). Then, quite a few will just take the opposite position to yours since they know that over 90% of traders will lose. Every now and then they accumulate orders and place trades on the real market.

Better brokers either pass unmatched orders directly to the interbank marker or pass ALL orders direct to the interbank market, but these are few and far between.