Take a look at this article: http://financefeeds.com/no-trading-c...-investigates/
Europe is FINALLY going to crack down on market-making brokers with no hedging AND B-booking brokers that actively advertises STP, DMA order execution when in fact still make market on those trades.
Hopefully, under ESMA, brokers like Gain Capital are going to be GONE!!! And retail forex is getting closer to operate like central market place, still controlled by the ultimate market makers, the liquidity providers but with more peer-to-peer trading.
Europe is FINALLY going to crack down on market-making brokers with no hedging AND B-booking brokers that actively advertises STP, DMA order execution when in fact still make market on those trades.
Hopefully, under ESMA, brokers like Gain Capital are going to be GONE!!! And retail forex is getting closer to operate like central market place, still controlled by the ultimate market makers, the liquidity providers but with more peer-to-peer trading.
Make your losses in demo. Earn your profits live.