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Ask Your Advocate: Are Forex Brokers to Blame for Traders Losing Money?

Ask Your Advocate: Are Forex Brokers to Blame for Traders Losing Money?

6 Years ago | October 22, 2014 00:00:00

Question for Your Advocate: Skeptic always said retail traders will always lose money when we trade via a market maker. How true is that?

Your Advocate Says: Before I begin, I need to make it clear that I am not here to defend forex brokers, including those who act as market makers and that traders have to take responsibility for losing as well as take credit for winning. It should not matter to a trader if a broker is a market maker as long as you get consistent pricing/executions and you

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