Question
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Brokers prefers to win or lose?
1 Answer
<p id="isPasted">Many brokers are Broker-Dealers, meaning they act as the market maker for your trades and this can lead to some abuses. To help mitigate this traders often will open or move to an ECN account (avoiding the broker’s fixed and variable spread accounts). This way your order goes out onto an ECN network where’s there is a lot more liquidity and the broker isn’t taking the opposite side of your order. Trade in an ECN account and forget about whether or not your broker is trying to make you lose. The odds are far, far greater that a trader is …</p>
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