David Brown
Recruit
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- 3
Hi everyone. I have been an active trader in options for several years however I am new to forex. I want to get started in the forex market but I have read several articles that say that it is impossible to make money using a broker that is a market maker. Essentially the broker is making money when you loss because they are taking the opposition position. I'm told that you have to be a huge institutional investor to directly trade on the interbank exchange which is the only way to avoid trading through a market maker broker. I'm sure this must be a newbie question for a lot of you forex veterans reading this right now, but is it realistic to make a lot of money in forex without being worried about your broker betting against you ? and is it possible to trade forex without using a market maker broker if you're not a huge institutional investor? Any direction you guys can give me is greatly appreciated. Thank you.