Truth about 95% forex brokers

damn. I always knew that was the case.

solidperson said:

i m working with instaforex form 2010 and in exness in 2011 and there is no scam man .u have wrong conception .forex is huge market and millions of $ waiting for us

Click to expand...

Seriously, how do you guys find these old threads and manage to bump them with nonsense posts. Look at when this thread was made...

I hear that only 5 % of traders actually make money on Forex. I'm guessing brokers make money off the remaining 95 %.

solidperson said:

i m working with instaforex form 2010 and in exness in 2011 and there is no scam man .u have wrong conception .forex is huge market and millions of $ waiting for us

Click to expand...

Totally agree... I work with some regulated brokers and they want to keep their winning customers as they are able to hedge your positions for peanuts and it's in their interests to keep you.
I agree there are some bucket shops set up but when you choose a broker then you have to make sure you find a regulated and known broker.

OP, makes a post and have no facts to back it up... unless he worked for some bucket shops but still, they wouldn't tell him all their tricks.

While there might be an element of truth in what you have said, but the fact still remains that we need these forex brokers in the market. We just can't do without them, though one has to be very careful in selection, but all can not be 100% good, that's impossible for any human or firm. So the lesser our expectation, the less worried we would become...
Choose wisely and enjoy your trade/

The thread is 3 years old :/