Hi everyone I am going to start my Forex journey and after reading about Market Making / Dealing Desk operations, have concluded that the possibility of price manipulation is just too great. Can anyone validate this conclusion?
I live in the US and my options for a US based broker are pretty much limited to Forex.com, Oanda, and IG. All of these are Market Making / Dealing Desk operations.
Can anyone confirm how bad the spreads / price manipulation are? I plan on mainly scalping the 15 minute charts so will be placing multiple trades in a day.
Would the community still recommend these US based brokers to me? Or would I be better off with an ECN account with one of the trusted offshore brokers recommended by BabyPips?
The communities input on this question is much appreciated.