If you have a profitable system, will brokers sabotage you? | Page 4 | Forex Factory

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If you have a profitable system, will brokers sabotage you?

  • #61
  • Nov 19, 2015 7:00am Nov 19, 2015 7:00am
[quote=ZanzibarFX;8600423]
Quoting Xela
{quote} A genuine broker won't; no. A genuine broker has no incentive at all to do so (quite the opposite, in fact!) because he has no involvement, himself, in the outcome of your trade. Those situations arise only when one trades with a counterparty market-maker rather than with a genuine broker. It's really a very simple point (yet sometimes I feel I could visit ten or twenty threads in this forum making exactly the same point in every one). It really is as simple as that!
You summed it up
  • #62
  • Last Post: Apr 1, 2021 4:22am Apr 1, 2021 4:22am
Quote:
"Brokers may be against you if you use leverage, because then they lend you money, and if you win big, they have to let you keep some part of the leveraged profits. so in any leveraged account, the brokers are against you in the sense that they hope you will lose so they don't have to pay you the extra money"
https://forex-station.com/viewtopic.php?t=8473361

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There is very important information for CFD traders in the linked thread. Cheers.
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