Deutsche Bank -dbfx- the Forex broker to blow the competition?

Quote from crgarcia:



So, IMO, Why put your money in brokers you have never heard before?
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Refco.

Not saying that DB is another Refco (far from it) but who thought when they set up their fx trading accounts with Refco (coincidentally the same platform DB now uses for its retail fx operations) that most of their money would be lost. Many chose Refco over FXCM because they thought the larger, more well know firm was safer.

Who knew?
 
Deutsche Bank is almost too big to fail. In the unlikely even that it came to it, the German government would bail them out for the stability of the financial system.

I believe the future of retail forex is with such banks. Aside from DB, other major firms such as Citi and UBS have already entered the arena licensing the trading technology of established retail players such as FXCM, Saxo and Oanda.
 
Quote from junkone:

dont agree that they are below competition. try comparing with Interactive Broker
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Not "below".:D
I guess its one way to "get ahead" in the industry though.:p

sorry mods, delete if necessary, just too much
 
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