is retail forex basically a CFD?

What I know is that when you trade Forex, you buy and own the actual instrument. With CFDs you don't own anything, it's pure speculation. Based on that trading retail is not a CFD.
My thoughts exactly. I don't know what these other smart guys are blabbing about. I have traded with several pure and even small retail broker and this issue of trading against you does not exist in all of them.
 
how my broker will hedge my 0.01 lot trade? buy/sell 1000 units of a currency on the interbank market? There is no actual exchange of the currencies in any "stage" of the deal.
Braaa haha. Do you think retail traders have trade executed in "the FX market?" AT BEST, usually if you are A-Book, the broker hedges their counterparty trade against you on the real fx market. How is this different than CFD, really?
 
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