Quote:
Originally Posted by In2Blues
Most Forex brokers are Market Makers who make their money from the spread and trade against their clients. That means that scalpers are not welcome because they can't make money from your short-time trades. In fact, many brokers will close your account if you scalp too much.
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Terry
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My response must seem a little ignorant of the whole scene if you are correct, but I don't see how that could possibly be correct. If (at least as an ECN) the broker is making money off of the spread, how then would it be a good business move to limit the transactions of those willing the pay that spread the most?