DislikedAs a retailer, it helps to read the fine print. We, as retailers, do not have direct access to the FX market unless you trade futures contracts. Spot FX is an artificial market made by the broker. Now some brokers hedge against your order, but make no mistake, you as a retailer are on the books of your broker, and no one else. Your broker matches up orders, not the interbank. Now, that said, the broker may take the aggregate positions of all of us guppies and put that on the actual market. But we are not really a part of that. That is why there...Ignored
Bingo.
Brokers aren't in the business of speculating against their clients.
They want risk free returns, IE, spread markup/commissions
Be hopeful in a winning position, and fearful in a losing position.