Forex - unregulated jungle

[flbroker]

I would like you to read this

The 3nd delusion of 97% of traders in the world. Who provides traders all over the world with the Forex market currency quotes?

and reply here with your own opinion. Maybe a comment about Future currencies vs forex and about their LPs.

 

[Martinghoul]

I can't read this, it's not readable... Starting with the title. What the heck is "3nd"?

 

[flbroker]

If you didn't read, don't comment. Let this be a reminder to the rest of you not to spam my thread. Thank you.

 

[pboyles]

If you didn't read, don't comment. Let this be a reminder to the rest of you not to spam my thread. Thank you.

That's just mumbo jumbo. The title says it all.

 

[flbroker]

Can you argument your opinion? Just saying something without backing it up is not worth much. I'm always looking to learn something new, so convince me that you're right.

 

[pboyles]

What does 3nd mean?

 

[flbroker]

3nd means that you're not here to make constructive debate, but to clown me because you're bored. I regret starting this thread, I'll report to mods for removal. Thank you.

 

[pboyles]

Just skip to the point and tell us which fantastic broker won't do all that nasty stuff.

 

[flbroker]

I don't know, that's why I posted the link here hoping maybe some experienced people could share their knowledge with the rest of us. I'm far from being all knowing or professional so I can't make conclusions that would have some weight, all I can state is a personal opinion which isn't worth anything considering I've been trading since 2008.

I do know how MMs and ECNs work but I was suspecting for some time that even ECNs and DMAs are nothing but a MM on their own without even realizing it and that traders, be it individual or institutional, don't have access to the information they think they have, with other words, they're being fed with manipulated data.

It could be that I don't have a lot of knowledge on the subject, so I take words from people who do for granted, but can you explain to me how the data feed works? How can a market without a central exchange set prices that are almost identical all around the world?

 

[Trader333]

Thread closed at OP request.