ECN account - who is winner and loser?

Beginner Questions
1

Hi guys,

I am still a beginner and in the phase of understanding the market dynamics. In ECN accounts, if i make some money, who is the loser on the other end and vice versa? Is it the people investing in the market at the same time. And who is managing all this money?

Thanks.
Mohamed

2

Nearly 70% of the forex traders fail. So, whenever you are winning and making money, there will surely be a trader losing his money.

3

failure rate is a very confused thing i have seen ever. 10 Years ago i have seen almost 90% losers this kind of post. right now 2020 is going , still i am seeing this kind of post.

4

Just learn how to analyze the market, do your trades and make money. Stop overthinking. As long as your broker is not ripping your off, you are good. I use Forexchief standard account. The execution looks like STP as it is fast, with less slippage, order gets fill quickly at good prices. As long as I get this, I am okay.

5

For retail FX traders, there are no such thing as ECN accounts.

6

Nearly 70% of the forex traders fail. So, whenever you are winning and making money, there will surely be a trader losing his money.