Every forex broker is evil?!

Quote from Bitstream:

u da biggest yawn in town; u have no taste'n'deep comprehension issues; i give u 2months before u go boom if u not crippled already.
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u da biggest yawn.
 
Quote from rhymeswithorang:

Tell you what, my own personal opinion aside. I have seen very little complaint on here about FX futures fills, brokers, etc... and tons of complaints about FX cash bucket shops. Oops, let my opinion out.
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Same here.

There're so many disadvantages in forex cash. Why try to struggle in such a disadvantaged situation?

As to arbitrage, there're lots of arbitrage anywhere, even in forex futures.

I don't know, but some say they will inhibit you from trading, or ruin you if you are spotted arbitrage.

If it is true, I don't see why they need to insist in arbitrage in such an unfair environment.

Personally, I have never traded in cash forex. I've heard too much bad things about cash forex. I don't need risk my money in a more dangeorus place as I can always utilize the same strategy to earn in other places.
 
Calm down, sccz97 & Bitstream.

Flaming is prohibited in this forum, well, actually anywhere. :p

We all like more peace and less fire. :)
 
Quote from WmWaster:

Calm down, sccz97 & Bitstream.

Flaming is prohibited in this forum, well, actually anywhere. :p

We all like more peace and less fire. :)
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i'll da first to admit got carried away, but u made a good point in u post..with all da arb opp u got on futs'n'elswhere why wud u chose to take da risk of bein' defrauded in u trades'n'lose all u money if u can access a fair mkt'n'avoid da constant tricks boilers play to u trades. it just don't make much sense to me: i was tradin' with a cfd broker'n'it was no better than any other bucketshop...it was amazin' what they were prepare to do to mess up u transactions..from widenin' da spread when things heated up to givin' u da worse prices at settlements'n'addin' shady transaction that never took place. da list goes on'n'on'n'on...it's just no worth it, innit[?]
 
I have traded hundreds of millions through saxo and never had any problems no requote nothing.Altough their spreads are not very good for the main currencies.I have switched to Currenex and it is even better.1 pip spread on euro and no problem with size.Lava and hot spot are also quite good.People who think they are cheated by their brokers on simple solution open 2 o3 accounts with different brokers and trade with the best price cover your position with an another broker so they will not know your position.Of course you need more margin but anyway trading
with a 200 or 400 leverage is just suicidal.
 
Quote from roberk:

It all gets tired after a while. I was one of the first, maybe even the first, to start calling forex brokers bucketshops- here and on trade2win- over 2 years ago. And did some posts comparing futures with forex, recommending most traders go with futures. And I blew up FXCM several times for putting me on manual excution.

But I still trade forex (plus futures). The brokers have improved alot, the spreads are tighter and IMO most newbies are better off in forex and trading mini accounts than risking bigger amounts. Getting obessed about relatively small pip savings is actually obscuring the fact that most traders lose even if the spread and commission were zero. If you are worried about 'stop hunting' then do what I do and open an account with two brokers(I have 5). Then you can enter a trade at one and put your stop in on the other (if you are really paranoid). Personally I have found that unneccesary over the last 6 months.

BTW, my poker account is pretty large and I pay hundreds of dollars a month in 'commission' to partypoker (who are barely legal and are stationed 'offshore').
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Hehe, by finding the right way to trade, you can make money in anyway.
One must be a full fledged idiot to let a 20-50 or even 100 "suspicious blip" on the charts kill you...
 
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