I am not new to forex at all but my experience in cfd trading has entirely been with non dealing desk brokers. Why? From the time I started learning to trade I always understood non dealing desk brokers to be trustworthy or at least I understood their business. With dealing desk brokers although I understand that they have to be regulated for one to trust them but even if so I just don’t trust “market makers”.
Now, a friend of mine who just started live trading told me the broker they are using and upon looking it up I found out it was a dealing desk broker and when I ask about his experience he say it’s too early to tell. I guess I just have some sort of paranoia with them. I would like to fix that. That’s why I am here. I want to know your experiences if you have used a dealing desk broker before, maybe there could be something I am missing from the other end of the table. I would like to know what sort of experiences you have had with them and if I should continue to be scared and stay away like I am already doing or reconsider lol.
Thanks for reading through, didn’t wanna make this too long. Now share with me your experience. I will appreciate if you do that.