Hi @TradeViper,
We could nitpick on terminology, but the biggest criticism we would have of the statements you quoted is they might lead someone to form an unnecessarily negative opinion of retail forex. In any industry, whether it’s cars, clothing, hotels or restaurants, what matters is the quality of your service provider.
What matters when trading forex is the quality of your broker. It’s important to understand that “counterparty” and “market maker” are not negative terms. At FOREX.com, we take great pride in the service we provide to our clients as their counterparty and market maker.
In this post, we explain the value of the service a broker can provide as your counterparty: Who is the counterparty in an exchange?
In this post, we explain the value of the service a broker can provide as your market maker: Simulation - All trades immediately jump to negative