Thread: counterparty?
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Old 08-21-2008, 11:11 AM
mallika mallika is offline
 

Join Date: Aug 2008
Posts: 1
Default counterparty?

Hi,
I have a small real mini a/c with FXCM which I have not been operating for a while. Recently FXCM has converted that to the micro a/c where they are the counterparty. I would like to know from senior traders with an unbiased opinion, is this really to my benefit as a client? Will I get a good spread? Since the market maker is always going to have the upper hand and their position is always going to be opposite my position what does that really mean for me as a trader? Thanks in advance for your opinions. I need to know whether to stay with them or not.
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