Who loose money when we win or make profit from forex trading?

bigdolly

Sergeant Major
Messages
961
Broker has the role as a bridge among trader to the liquidity provider, but a different case to bucket shop broker, they can manipulate the prices to make trader loss, because trader loss will become profit broker, although they offer big bonus, actually only attract trader and they not really giving for free, there are strict rules to withdraw profit bonus
Price manipulation is easily detected, there is a risk to lose face and clients because industry is extremely competitive. It means that cheating brokers won't last long which is a good thing for newbie traders.
 

fxoday

Sergeant
Messages
233
Price manipulation is easily detected, there is a risk to lose face and clients because industry is extremely competitive. It means that cheating brokers won't last long which is a good thing for newbie traders.
There are thousands broker in the forex industry, this growth because development of the latest technology, which currently very easy to access forex even through a smartphone via mobile trading platform, many broker support this, but indeed not all broker are safe and reliable, an old broker that still exist more preferable
 
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