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activefxtrader · 23-10-2004, 03:44

"You are trading with the market maker and the market maker is trading with the Interbank. The market maker is not just going like a Walmart to a supplier, that is not the case at all. They are trading just the same to do their best to be flat. Market Makers will sometimes gain and sometime lose when the market ripps. It doesn't matter if the client loses or wins, because odds are MM's can match it up internally or have a big lot trading or offsetting."

Questions :

a- An amateur Fx trader or a new client of that MM's know that they are trading against their broker ? Or they dont know exactly what the interbank is and what the MM's job ? Traders are simply cheated by mass media or it is a really fair business for both sides. MM's are friends of all account holders or an enemy of the account holders ?

b-If they know the exact condition (trading against their platform supplier and spread maker), simply say trading against their brokerage firm , do you think MM's still boost their new mini-account applications or will it give some question marks on new Fx traders mind and some problems about getting new mini-account or standard account applications for the MM's ?

23-10-2004, 03:44	#52
activefxtrader level 3 Join Date: Oct 2004 Posts: 408 Downloads: 0 Uploads: 0 Rep Power: 0	First of all thanks for Brian's honest words "You are trading with the market maker and the market maker is trading with the Interbank. The market maker is not just going like a Walmart to a supplier, that is not the case at all. They are trading just the same to do their best to be flat. Market Makers will sometimes gain and sometime lose when the market ripps. It doesn't matter if the client loses or wins, because odds are MM's can match it up internally or have a big lot trading or offsetting." Questions : a- An amateur Fx trader or a new client of that MM's know that they are trading against their broker ? Or they dont know exactly what the interbank is and what the MM's job ? Traders are simply cheated by mass media or it is a really fair business for both sides. MM's are friends of all account holders or an enemy of the account holders ? b-If they know the exact condition (trading against their platform supplier and spread maker), simply say trading against their brokerage firm , do you think MM's still boost their new mini-account applications or will it give some question marks on new Fx traders mind and some problems about getting new mini-account or standard account applications for the MM's ? Last edited by activefxtrader : 23-10-2004 at 11:06.