Do Forex brokers really trade against you/cheat on their clients?

I hear alot of comments that futures is the best
Idk how that relates to broker performance

galaxy wrote: Sun Jan 14, 2024 3:36 pm I hear alot of comments that futures is the best
Idk how that relates to broker performance

Futures are a product designed to be more cost effective for longer term trades typically 5 days or more. A Contract For Difference (cash/spot markets) are better for short term trades.

CFDs you pay a one off spread but also need to pay a daily interest fee (overnight swaps payment) while the futures market you pay a slightly higher spread which you renew on the monthly roll-over but there are no overnight fees.

sebking1986 wrote: Wed Aug 24, 2022 7:01 pm The business model of B book brokers very much reminds me of the way bookies operate. When it makes so much money for so little effort, why change?

Sebking1986's comparison is spot on, B-book brokers are basically NPC casinos built from the ground up to swallow up retail money, it's just baked into the system. But rather than spending your days worrying about being traded against, you might as well turn the system's own weak points to your advantage. I use forex fanclub to claw back the spread and fees the broker's been quietly pocketing off me. Getting your own money back into your own pocket is really the only way to survive this game.

b-book brokers are basically just massive npc casinos rigged from day one to farm player funds. no matter how clean ur technical analysis is, if the underlying system setup is tilted against u, grinding away blindly just means getting bled out slowly. that's exactly why using something like forex fanclub to physically claw back the spreads and commissions the broker's pocketing behind the scenes is literally the smartest self-defense move u can make. instead of crying about getting milked, exploiting the system's own cracks to redirect profits back into ur own wallet is way more optimal.