Thread: Brokers prefer to win or lose ?

It's a general feel that it's better for brokers when traders shed.

However, no matter a trader win or drop from the sea of Currency Market traders.

When you win in a broker system, an individual will lose in a different boroker system in the networked system of Currency Market.

Thus, brokers must prefer their traders acquire, because winner will remain in the business.

Any thought? It should results in great discussion about the means of trading in Currency Market.


P.S.. One may think it is more suitable for Broker Discussion forum, but I feel the results are helpful for your Currency Market trade. Anyway, if the moderators believe in this manner, please proceed it

Yes I totally concur

it distinct good and bad brokers.

In fact, there are constantly failure in forex, therefore, it's better for a broker to assemble professional traders that win as they open trade several times as it is their job.

But the propaganda of forex broker is to attract newbies (I do not understand why)

I feel that many, not all, brokers have a business model where they need to keep attracting new customers because they keep taking money from the losers in forex trading.

Yes that's right

novices are always champions

in fact, brokers do in favor of this FX company, though, it's expected to do in favour of themselves

Massive brokers do not need to earn money off rigging the game, there is more than enough profit in simply taking the spread. I initially started FX through one of the brokers today (deservedly) on the Dead Dealer Walking record; this was a different story, and also perhaps a decade back, when retail FX was thin enough to almost force brokers to take opposing positions to their customers in order to keep a market. However, I haven't had any issues for the last 5 or six years (at least) that were not of my doing....
The benefit of bringing new (self-immolating) customers is the tendency of new traders to reverse in idiotic times, looking for the first sign of wobbliness to short a growing tendency, jumping on news with tight stops, etc.. This provides liquidity when traders with better survival instincts simply stay out. I am not making fun of folks here, just recounting my own autodidactic encounter

Agree that the good one would adore use to acquire.
Envision the paper work for processing every newbie , while the survived custommer tend to compound...
teaching newbies become common, envision doing this again and again using live chat...

Expansive brokers don't have to profit off gear that the diversion, there is all that anybody may require advantage in just taking the spread. I initially started FX through one of those brokers now (deservedly) on the Dead Dealer Walking list; this was another narrative, and also perhaps 8 years back, when retail FX was thin to nearly constrain brokers to take excellent positions to their clients bearing in mind the final goal to keep up a market. Yet, I have not had any problems for the last 5 or 6 years (at any rate) that were not of my own doing.

It's definitely better for a fair broker to have their clients win Instead of see them loses...

The longer they stay, the more commission the broker Receives (well its supposed to Become a non commission but Everybody knows that commission is included in the spread right ? )

But some brokers are known to perform with their price in order to hit the SL or perhaps not reaching the TP in order to in the first instance profit from the difference.

I think this is plain stupid and unfair (not the case with my broker )