Forex Forex Frauds

There are a lot of fraud in the industry and those are what we call market makers. They manipulate your trades so that you will lose money. And when you lose money, they will gain. They are always taking the other side of the trade and do not push the orders to the liquidity providers. That is why you may have noticed huge slippage, glitches in your trading platform, orders not pushing through- these are because they are manipulating your orders. Some are notorious for creating spikes, they do it in order to take out customer’s stops. Some market maker brokers also freeze their platform during news announcements or increase spreads. Beware of these companies. Deal with only the true STP/ECN. Redbullfx is your better alternative.

 

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