When did brokers start B book trading?

FX123

Recruit
Messages
1
Does anyone remember when brokers first started B-book trading? ie where your broker trades against you
 

bigdolly

Sergeant Major
Messages
994
Does anyone remember when brokers first started B-book trading? ie where your broker trades against you
I think from their inception they employ such deceiving practices. Sometimes broker hide their scam nature well so you need to gain a lot of experience to be able to separate grain from chaff.
 

downtrend

Sergeant
Messages
874
I am not a fan of any copy service untill they have live account connected to myfxbook with at least 1 year of history. Showing results on whatsapp or telegram groups is child's play and there is no authenticity in those results.
 

Olieng38

Sergeant
Messages
134
Yes, having someone connected to something verifiable to something like myfxbook.com is really good idea in the long term. I think some of that brokers really never stopped doing so, but you really need some proof before making that accusations.
 

landorra

Private, 1st Class
Messages
51
Yes, having someone connected to something verifiable to something like myfxbook.com is really good idea in the long term. I think some of that brokers really never stopped doing so, but you really need some proof before making that accusations.
Agreed. IMHO all brokers without exception are rigging your trades all the tima no matter what if you are profitable. Otherwise they simply sit and smile.
 

TrapLok

Recruit
Messages
135
One of the reasons might be high competition on the market among brokers. When market is highly competitive than naturally earnings go down. So, in order to keep their profitability high, they just need to get it in some way from their current clients
 

iMusingKiMi

Sergeant
Messages
896
I am not a fan of any copy service untill they have live account connected to myfxbook with at least 1 year of history. Showing results on whatsapp or telegram groups is child's play and there is no authenticity in those results.
Even if account live on myfxbook, you have more job to verify account authenticity.
 

theforexarmy111

Corporal
Messages
101
yes and it happens when you register for your account. they will profile you and see if your profile is worth b booking... example no experience, retired, huge account o_O
 
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