snr pes ar 10 Forex brokers really rade against youfcheat on their clients? ® Here is question thatha through our inbox few times 3 llrespondt there also answeres this on Quora baccin 201825 well Do Forex brokers really trade against you/cheat on their clients? Yes they do, 8. would use the term “Cheat” as you arent anything and stil have the opportunity to prof Brokers will eategorize you depending on your winning, losing and profitably They/l place you in wnat’ called"A* and“ books Forex brokers mille your trades“in house’ Basically your trades arent tothe real ‘marke. The broker wil execute your rages and bet aganst ou, taking he other sde of your trade Big Banks, Liquidity Providers: Barclays, Nomura, Citibank Why do Forex brokers put you in the “B” book? Frsth, because the 8" bock sa proftable business model with cs prove that 90% of traders lace allof thelr deposits the, Se the stats favorthe broker, 1G Markets hold the biggest“8" Book he wore Why do Forex brokers put you in the “A” book? Brokers wllput you Int the "book yout profitable. Brokers send profitable traders out to thelr liquidity providers because no one wants to bet against profitable traders These ers thanked he sehar amy fo he pot tl 6F FE Joie Age2018 Joie an 2018 Re: Do Forex brokers really rade against you/cheaton their clients? 2 brokers plugin requotes une Sunjin 16 20196085 Re: Do Forex brokers really rade against youfcheat on their clients? a Sun jun 16,2019 604 pm | never imagined that would be 30 25) for the scammer broker to get the money out of er customers pockets Re: Bo Forex brokers relly rade against you/cheat on telr clients? 4 Syold wrote: Sun Jun 16,2019 619 pm Fotwrote:t Sun Jun 16,2019 604 pm ‘Yes, we ae very sory, we had a technical sues wth data, but everthing fine now. que Sunn 16,2019623 0 Re: Do Forex brokers really rade against you/cheaton their clients? "m Jeiwe v3 2077 {cation uguia Parmeter Joes 2018 ‘Sunjun 16, 2019 623 pm Skyold wrote: ‘Sunjun 16,2019 619 pm I never imagines that would beso easy forthe scammer broker to get the money out af ther customers pockets ‘ex me are very sory we hada techniclisuer wth data, but everythings fine nom SL For the compensation youll ceive bonus f SOO EUR on yourrex deposit of S000 cur Re: Do Forex brokers relly rade against you/cheat on thelr clients? can otal plewre a scammer saying eat, @ shole Re: Do Forex brokers really trade against youfcheat on thelr lients? sun jn 16 20196465 ‘Mon un 17,2018 1237 2mY Joined an 2020 Many may have seen Anthony Kriets ox 5) youtube vis in which ne labels al brokers as cisnonestandjust take the ‘other side ofthe bet of loser traders but he was sling a product so was happy tobe abit shonest hime ‘The 2 mest valuable things for alarge broker ina regulated country are ther cence and their reputtion, they ose ‘ne or both they are fished so willguard both asi the Iie depended ont which does. ‘These brokers, as described above inthe OP, operate an A and 8 book, you could also deseribe them as etaltraders ‘an profesional traders, When the new ESMA regulions were introduced Eura and UK wide with a massive reduction in amount of leverage offered same a happen shally in Australi) another of he new rules was to ban perks for Favoured cen, 50 no specarates, no improved spreads. At he time brokers knew thelr business would take a it because of the new regulons 29 they allwert on a drive to recut more eens, The interesting thing was tha they al went after the professional traders (A bookers) not retalltraders(® bookers the ‘The reason beings that they want to pair shorts with longs in-house 2s much as possible an take the spread off bath parties, mos oftheir clerts are retaland most etal lose though there are many tines more retalents professional lens actually trade the larger amount in sie, Once the computer has matched shots to longs inshouse often ratcring A book to 8 book) ary excess is bundled up and these must be hedge sof there are 1000 lots o longs rot matched he broker goes tothe Faulty provider and takes out 1000 et be long, the long wins he cen an the broker both win so the broker colecsof the lquiiy provider and hands ito the ent, the long bet loses then the broker collects of the cent and hands itt the liquidity provider. The broker must pay a spread forthe hedge but rest assured they getfar beter prices than what they fr to you, So the broker can ese andin fact profits na mater what Compare that to some unregultes brokers, they look to atract etl clans and ae ikly to have few if any Abook lions. Without a regulator watching over er shoulder why bother hedging anything, 75% of etal lose aryway so just ‘ke the other side of the bet ard packet he profit. But occasionally retail gett right bigtime and suddenly ABC brokers ae out of business with massive debs and very angry excents, But not to wory, CBA brokers have just opened up ext door so you can sgn on wih ther instead Not allunreguated brokers will behave tke his but the smal broker with few A book dlents needs tohege much more than the larg brokers which cmps pros ad Being smaller they ae naturally more wlnerable to large market sings. ps have defberaely kept to deaing desk brokers and avoided STP, ECN and DMA type brokerages. cue Surah 222020835 pr Re: Do Forex brokers really rade against you/cheat on thelr lines? «oaee Joes 2018 ‘straczed as someone belonging te the tol ht club or a vicim ofthe paranois or jut another degrunled ose. Ie experienced too many coincidences ef my own to believe tat things ae just benign coincidences ve posted an ‘occasion where Ivateved a the price trickle own in he Asian session about 1S pips te my eur/usd stop at 1:07am jan 31st (1:00am DEU retal #'s came out and missed herby) and enly one pip ater start a 70 pp bullrun that enced up parabolic, Later in by the US session industrial numbers came out mixe slight the postive side. I don't want to et ‘away from that stop out. Mind you | lace it petty obscurely..was it placed ona support level? Meh.one could argue, botthat wasn eal conscious decision. Was realy that important, the postion wasn't that bg. Thingis ve only used a stop order mayb three times his year, that being one of them. Net saying stops arena good ting Now here's what's gotme nacktoyou my observations and really my belt, Ona smal account less than a G Thad short poston this past Friday, put on curing the later Asian sess.on I gines 2s pip profit and slowly startes to erode ‘to negative close tothe London apen. ay to mysellet see where they want to take this. Suffering rom abitof hindsight bias now cuz soon aftr the open DEU factory numbers came ou strong Sot the ess un -not taking heed ‘any rules. So around comes the NY session and later the NFP and Employment #s. Im alreay upside down andrelly on want to cate so again sy lets see where they want ake hs, Later that by get a margin callnaice of loseout tm feetng abit revenge here so silltay pat. Now here's what al eis setting to, et closed out @ 1.13529 2nd then in that same minute my brake’ price reaches Hof the day @ 113547 then sells of ofa the entire session. ‘Mind you all his happened AFTER the NFP and employment release and numbers were prety strong. So the whole even ‘00k 127 pips and came down to 7.9 sup of pps ater as closed out and the high of the day was pints, 1nd this extraordinary and have to ask how they keep doing tis? There's doubt in my mind that Broker's algos are ‘coded takeout take advantage of every possible scenaia ut, why a realy that important. With such a smal acount? rarely use stops and ve one time dont remove it get taken? ‘There's mere that we know about Forex retail. Lam certain that there's tings that only ew people ate privy 035 far aswhars behind the curtain. There's ne doubt tha the brokers -espedaly rgest and well capa - are ‘manipulating the mareets. There's a ris about price and tha i moves for more than ane reason. Inactully price doesn’t have to be manipulates because the etal rade wllalvays fod ways lose themselues The market maker reed ofl orders that are Below before they take the price up. regardless if tek stop orders o buy ardes..cheyre Just doing thei obs the explanation, ‘There’ no question that what We experience an 2 inmate leva in rel spot Forex i the manipulation of the brokers, Again the larger, well capitalized ones. Ait insight thatthe retail crm falls to realizes that these big guys done want you to reales they have very lage cents. Liquidity snot someting tha’ infinite. The retal"rader makes the mistake of basing their decisions and thoughts off er ov experience and ecumstance. YoU can just ick nd get {your lt led no problem. There's bigger picure thats going on and they dont want to show ther hands o you or their competitors. ‘They gonna take the price rom point Ate peitC but theyre not going to Show unt teo tate. And you suspect thacits going to point C theyre gonna take it to point rst and you're going to be tested. Or they gonna make i leok ke they wanna take to point Cbut the whole me they realy wanted poet B. ‘There is tuo" war golng.on wih alt of payers, That's why spot fis what is. A mishmash of confuence Do not trust your tiendly broker One things for sure they do nt take to Winners lightly Be ready ora new market environment every week ce Sun Mar 08 262249 Re: Do Forex brokers really rade against you/cheat on thelr clients? * ‘oh dear you got it bad, why oh why do we keep losing: You are nearly righ but soso wrong. A lept broker facltates ‘trades, they take the same cutoff ot parts, doesnt matter othem who wins or who loses. ‘are markets manipulated? Absolutely. Who's ding? Wellyou are fra star (or at leas trying to) al parcipants realy oes anyone care about your 1 G account, ofcourse nat. The tings your technical analyss and entres and stops and "Ths are in he same place as everyone else's. [Abigplyer wn wans/needs ta buy 100 mill of whatever, does he use TA? No, he looks athe char and says there must be a cartload of contracts just beyond zat point and | want then, spend 10/mil fore price beyond hat pont ‘then start buying up allthose newly avalable contracts and keep buying allthe way up untl your orders led then s back and watch the FOMOers cary price further on ‘There ae scammer brokers out there bus reputable brokers in wellegulted countries have far more to lose than gn from zying o fleece you out ofa couple of ul. ue Sun nar 08,2020 624 Gy‘There’ a party that beleves that brokers are pofting ust off the spread. dont cater to that belt. use avery large, vesetoa \orldwie and very old aroker. Dont belve lathe paring of paces. They are the counterparty. They ae a very well sev capital and in avery tegulatedjursicions Joie 2020| lene 2079 The CFTC doesnt pay atention othe small acts. Being a market maker's enough explanation for a stp run.because aswonansue there are oxders there regardless. You can‘ elthe them they can orders below even if they take the market north Inaetor rane immecatly afterwards, Tey ae ust doing thera Viewing the forex (commodities actualy industry withthe same secular and generalized secures vatage is 3 mistake Your broker's an adversary not your fiend, They have no qualms of lsing accounts and they want fresh generation of paper and they get que an mar 9, 2029102 Latest posts Re: Al Generated art by Rplust in Trader’ Lounge Re: The Tope For Niche Peru. bylononein Traders Lounge Re: The Topic For Niche Pert by chickensword in Trader's Lounge Re: Sword System by chickensword in Trading systems Re: The Tope For Niche Perf. bylononein Traders Lounge Re: WEF (aka The Davos Billo, ‘by RplsT in Trader's Lounge 12 8 > pete 7 PostReply Attachments 3 Simiae Topics chest code 12 12 Replies Healer © erylonone, es ac 98,202 152 amin Teer Lounge ao vews TueMr's.202211:26m 0S Biehday Party Is Over Tesla & Other Generous Prizes Have Found 2Replies maysorrs © Their owners aevens Sunapr. 222 1225am {oy ry, To Mar 22022107 min Beaker Take ‘Are there any REALLY NON REPRINTING Bands out there? + 22 21 Replies rensson (Bay ancens Ym Sep 26,201 £15amin Wiarton: RAT Viens ThuMey26 2022818 pm 4 Seumto Bota Tale Users wing this Forum: Na reitered users and 2 guests Re:MiniCharc Value Re:AQuestion.. 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