Confrontation between brokers and traders.
It is no secret that in the Forex market, 95 percent of novice traders, as a rule, lose their deposit.Many will probably be surprised to learn about these statistics, because on every website you can find advertising that every person can become financially independent.
However, the reality is that 95 percent of losers are fed by the five percent who earn a lot of money.
By the way, 95 percent is not such a terrible statistic, because even when starting their own business, only five percent of entrepreneurs become successful.
Naturally, dealing centers and brokers also know about such statistics and begin to abuse their knowledge.
Thus, the broker begins to act as a counterparty, and the most important principle of simple intermediation is replaced by a confrontation between the broker and the trader.
Naturally, if you do not fall into the group of losers, but into that category of five percent, then the broker has only two options left, namely, either to bring you into the real market, or to put a spoke in your wheels so that you lose your deposit.
The problem of confrontation is especially acute if trading occurs using large volumes. After all, the broker does not bring the transaction to the market and if you are lucky, he will have to completely repay your profit.
How to protect yourself from losing money?
We can conclude that the larger the broker, the easier it will be for him to pay you a profit, especially since reputation is more expensive. In this case, the main criterion will be trade volumes and the number of clients.
There are companies on the brokerage services market in Russia whose turnover has long been in the billions of dollars, and the number of clients has exceeded a million.
In the article “Largest Forex Brokers” http://time-forex.com/vsebrokery/krupneyshie-brokery-forex you will find descriptions of companies with large turnovers and hundreds of thousands of customers.
And in the article “Trading on a large scale” http://time-forex.com/vsebrokery/krupnyy-broker This is about the broker I trade with.