Hello guys, I will like to know please. When a trader lose money in forex who's gain is it, the broker, other traders, bank or who?
Please I like to know
Forex market is complicated, but if we use simple logic, if we get profit then another will get into loss, if remember when Soros make huge money, Bank of England get big loss
It's not that simple. The money you lose doesn't just wander out of your account into the pocket of someone else. You lose (or gain) money because the price of the currency changes while you hold/short it, and while some traders lose, other traders win.
Brokerage companies are focused on ensuring that clients work as long as possible.
Yes, they always make profit, but for this money they provide access to the market, quality work of the terminal, functioning and development of various services, etc.
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