The Currency Market sector is a scam, I mean, the Currency Market industry at which the broker does just Currency Market as company, why?Originally Posted by ;
A market maker make 100/200 times more of an ECN broker.
Why? Whatever you knows why, they cheats, even if they do not cheat they're an ECN with no commissions, so a bankrupt business.
Now a lot of them need to reveal to be supplying an ECN excution, and you need to examine it and remark about this in the upcoming months and years.
Now, assuming that they are a true ECNs, not adulterous, they're bankrupt! Because at the point they're just performing a company to make a commission, little, fixed, zero cheats..., that is the same do as dozen of decades stocks brokers and futures brokers! The distinction is that the Currency Market is virtually all concentrated in 5 cross/pairs, while stocks, options, stocks are hundred millions of instruments and countless times more volumes in terms of transactions than 5 pairs of currencies...
So, as they become ECNs, there'll be 100 times less margin that already send them bankrupt, then when start competitions I do 30% usd percent, now 20, now 10, now 5 etc etc they're bankrupt mathematically! , or. . Again the new ECNs cheats... and we will possess ECNs excutions on the real market but again using cheats because they still possess the licenses as market manufacturers!
So, to be ECN method to shut down the market maker business along with the Currency Market just websites/businesses, and also to remove market maker licenses that are something in the border of legality and decence in this financial world.
Will be nice, along with the unique way to halt the SCAMS in the Currency Market is that this organic, slow. . Progress that will cancel eternally market manufacturers, okay can stay some stil living but using the class actions to fx firms and regulators I feel that a day nevertheless this scam will be stopped!