Thread: Frustrated!!!
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Old 01-09-2008, 05:44 AM
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Quote:
Originally Posted by vicebet View Post
My intention is to find a reputable establish forex broker. After reading and viewing websites, comments, reviews on this site and others, in the end it sums up to a conclusion, that all brokers outthere are skimming, ploting, scamming to gain out money.

Why is that? Isnt there a single establish regulated reliable broker who doesnt rip customers money? And the reason I say that is mainly because of how brokers themselves make money..that is trading against traders. This fact alone have completely distrust every single brokers outthere even if some claimed to be ECN brokers, but how will that proved and to what extent does the tranparency visible to traders?

In truth is I have not even traded a single cent in forex but after researching I found trading forex is much worse than casino gambling as brokers used tactics like intentional programed slippage, delays and so on so on etc to prevent traders from gaining to its maximum..

How could i possibly put my money into some computer programed platform that will limit and possibly suck my money bit by bit to it's gone..Is there future in forex? I could see vast opportunity in forex market but with all surrounding circumstances.. only winners will be BROKERS not traders.

But I'm still looking, currently have few choices
- Qanda, all great except the platform and leverage
- FXCM, I would have open with them if not for the recent news
- Interbanks, also have contacted them if not for its platform problems
- AND basicly, i have no confidence after researching..ANYone can give me some confident in this forex world that traders will stand a chance before a trade?
In addition to Oanda look at Interactive brokers, MB Trading and Dukascopy
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