Forex Brokers


Published on

Forex Brokers

Published in: Economy & Finance, Business
1 Comment
  • Are you still losing? I`m using the first ever U.S.A.patented Forex software that destroys brokers and makes cash everyday. Pls visit my Forex striker Review [] and discover how i earned almost $18,000 in less than a month.
    Are you sure you want to  Yes  No
    Your message goes here
  • Be the first to like this

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide

Forex Brokers

  1. 1. Forex Brokers A Trader’s Natural Enemy
  2. 2. The Uncomfortable Truth <ul><li>The first thing every Forex trader must know about brokers, is that most of them are your “natural enemies”. </li></ul><ul><li>You see, most Forex brokers are what we call “market makers”. This means that the market prices that they quote to you are not necessarily ACTUAL market prices. </li></ul><ul><li>Market makers (as the name suggests) provide their own little version of the market for you to trade in. They can quote a few pips higher or lower than actual market prices, and they’ll often quote the price that gives them the best chance of taking your money. </li></ul>
  3. 3. Conflict of Interest <ul><li>Here’s the thing: many traders know that brokers charge a pip spread for transaction fees. But the thing most traders don’t know is that market makers also MAKE money when you LOSE in a trade! </li></ul><ul><li>Yep, you heard me right. Market makers are not just middlemen, no. They actually take opposite trade positions as their traders. So if you buy EUR/USD for example, they’ll sell EUR/USD. If you sell the USD/JPY, they’ll buy. </li></ul><ul><li>Can you see the conflict of interest here? </li></ul><ul><li>Market makers benefit whenever you lose in your trades. Now I don’t know about you, but I certainly wouldn’t like to be learning how to trade from the people who make money when I lose! </li></ul><ul><li>This is a crucial point all traders must understand. Taking the advice of Forex brokers is in my opinion the same as taking advice from your enemy. It’s a big mistake. </li></ul>
  4. 4. But! <ul><li>You should also be aware that not all brokers are market makers. There are some brokers that don’t take the opposite position of your trades. However, such brokers are quite uncommon. </li></ul><ul><li>Be sure to ask your broker if they are market makers… at least then you can better plan your trades knowing whether your broker is trading against you, or not! </li></ul>
  5. 5. Want to learn more? <ul><li>Click here to get the full </li></ul><ul><li>26-page report…free! </li></ul>