Who gains for my losses?

[Pipsteroid]

@Aisha1981

Brokers are intermediaries that facilitate trades between buyer and seller in financial market .
Brokers earn money through various means, such as transaction fees, spreads, and commissions.

Very, very few spot forex brokers aren’t counterparties.

And you can’t tell which are, anyway.

Most people are fooled by the language they use, claiming to be “ECN” or “NDD” or “STP”.

It’s all nonsense.

Market Makers vs ECN's

i understand sorry my response was unhelpful what i’m trying to explain (very tactfully and i hope now more helpfully!) is that your question is actually based on a mistaken premise, i.e. you are assuming (as many people do) that they’re two different things the reality is that they are often not, or at least that it isn’t possible for a retail trader reliably to distinguish between them in any ways other than how and by whom they’re regulated “ecn” stands for “electronic communications net…

Text correction: dealing desk or non-dealing desk?

they do which is exactly what all the counterparty market-makers want them to think, of course and many of the conversations in this forum tacitly assume that when people are “trading” with these “brokers,” they’re actually dealing in currencies rather than just having a side-bet on the price-movements of currencies! indeed - but you can’t really blame people for imagining that, when the whole industry is set up to encourage them to believe it? all you can do is annoy and irrit…

Dealing desk Brokers

so do most NDD brokers anyone wanting clarification of this need look no further than at why FXCM were recently kicked out of the US and are no longer allowed to trade there don’t be fooled by these combinations of letters like “NDD” and “STP” and “ECN” which are there solely to fool and confuse the inexperienced from the point of view of protecting your funds and reducing the chances of your broker trading against you, these confusing terms don’t necessarily signify anything helpful or info…