Your Broker Is Your Enemy?

again, NFA's pure agent of principal r like the following,r u sure ur 3 names have the following characteristics: (1) when a retail customer enters an order on the FDM's platform, the FDM automatically (without human intervention and without exception) enters into the same transaction with another counterparty, creating an offsetting position in its own name; (2) the FDM confirms to the retail customer the price at which the order has been executed, which is the same price at which the FDM entered into the offsetting position; (3) the FDM does not profit from any resulting market movement as its offsetting transaction will result in the same profit or loss as the retail customer's transaction; and (4) the FDM's sole manner of compensation is a commission charge on each trade.
http://www.nfa.futures.org/news/newsNotice.asp?ArticleID=2104

Quote from ssss:

Each broker ,which have proprietary trading desk/account
is not pure agent of principal .

Exist conflict of interess - Broker have and used information
about client behaviar (that is not forbidden)


Broker ,which are pure agent of principal#s are

AMTD ,OXPS and hotspotfx

If broker stated ,that he is pure agency as MBtrading owner have made that on ET ,potencial client must check
cleint agreement and CFTc,NFA,sEC

If client agreement of MBT ,which must be signatured

you can read ... involved in proprietary trading ...

proprietary trading can be only against client interess ...
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Not forgett ,that under best conditions retail have not any advantage ,as market-maker taked spread.

with only 1.6% advantage in europha casino#s roullete ,
MonteCarlo casino make multiple mln $ ,not retail operator.

Occasionaly retail can win ,but that is only depend from game theory ...

Cehck bankruptcy rate of NYSE member's and compare
with average reatail aaccount life expectancy by retail forex

45-60 days.

Professional say ,that for each professional (market maker) for
good profit (mln $ +) need some 2000 -5000 retail's
operator's

Zero summ game ,where professional have advantage's
hing intense operation (100 000 per year) -take spread .
More...
 
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