It’s just too easy to blame the broker – you lose a trade and blame the broker for stretching the market in order to stop you out. You try to exit a trade at a busy moment and you blame your broker for freezing the platform in order to prevent you from making a profit. You put your money and your trust with the broker and you feel that you’ll leave without them. But before wasting your time in complaining, there are quite a few things to do.
Well, in some cases you could be right. There are some problematic brokers out there and they do such tricks in order to turn your deposit into their revenue.
But if you’re trading with a broker that has no dealing desk, or an ECN / STP platform, that’s unlikely to happen. Such a broker passes your order to a larger liquidity provider and doesn’t play with your order. In such a case,the broker genuinely profits from the spreads, meaning that your interests are aligned with the broker’s interests. More trader success = more trades = more profit.
But also when your broker is a regular market maker, it doesn’t mean he’s stealing your money. if you’re trading with a regulated broker, there’s a smaller chance that this is the case. And if you’re trading with a regulated NDD / ECN / STP you should sure look for the blame elsewhere.
No matter what broker you trade with, you should first check out what went wrong: did you follow your trade plan? Were the Stop Loss and Take Profit orders carefully placed? Did you try to make an impossible trade?
It’s important to remember to first check yourself out. Complaining to friends or on message boards may be a great way to release the pressure, but it sure won’t bring your money back. Checking out what went wrong and learning a lesson will definitely help you make money in the future.
Well, in some cases you could be right. There are some problematic brokers out there and they do such tricks in order to turn your deposit into their revenue.
But if you’re trading with a broker that has no dealing desk, or an ECN / STP platform, that’s unlikely to happen. Such a broker passes your order to a larger liquidity provider and doesn’t play with your order. In such a case,the broker genuinely profits from the spreads, meaning that your interests are aligned with the broker’s interests. More trader success = more trades = more profit.
But also when your broker is a regular market maker, it doesn’t mean he’s stealing your money. if you’re trading with a regulated broker, there’s a smaller chance that this is the case. And if you’re trading with a regulated NDD / ECN / STP you should sure look for the blame elsewhere.
No matter what broker you trade with, you should first check out what went wrong: did you follow your trade plan? Were the Stop Loss and Take Profit orders carefully placed? Did you try to make an impossible trade?
It’s important to remember to first check yourself out. Complaining to friends or on message boards may be a great way to release the pressure, but it sure won’t bring your money back. Checking out what went wrong and learning a lesson will definitely help you make money in the future.
Editors’ Picks
EUR/USD strengthens above 1.1800 ahead of German IFO data
EUR/USD gains ground for the second successive session, holding well above 1.1800 in the European session on Monday. The US Dollar remains heavy as a 'Sell America' theme returns to the fore amid uncertainty fuelled by US President Trump's latest tariff announcement. German IFO Survey could offer fresh trading impetus.
GBP/USD rises toward 1.3550 as tariff confusion slams USD
GBP/USD extends the advance toward 1.3550 on Monday. The US Dollar faces intense selling pressure as tariff uncertainty lingers following US President Trump's latest announcement. Traders will take more cues from the broader market sentiment and central bank talks.
USD/JPY: Japanese Yen rises as tariff woes rattle markets
USD/JPY slides to test 154.00 in the Asian trading hours on Monday. The Japanese Yen attracts haven demand amid tariff uncertainty, which weighs negatively on market sentiment and the US Dollar.
Editors’ Picks
EUR/USD strengthens above 1.1800 ahead of German IFO data
EUR/USD gains ground for the second successive session, holding well above 1.1800 in the European session on Monday. The US Dollar remains heavy as a 'Sell America' theme returns to the fore amid uncertainty fuelled by US President Trump's latest tariff announcement. German IFO Survey could offer fresh trading impetus.
Gold clings to gains near monthly peak amid flight to safety and weak USD
Gold sticks to its bullish bias near the monthly peak heading into the European session and looks to build on last week's breakout through the $5,100 mark amid a supportive fundamental backdrop. Renewed trade-war fears, along with rising geopolitical tensions in the Middle East, turn out to be key factors that underpin the safe-haven precious metal and validate the constructive outlook.
GBP/USD rises toward 1.3550 as tariff confusion slams USD
GBP/USD extends the advance toward 1.3550 on Monday. The US Dollar faces intense selling pressure as tariff uncertainty lingers following US President Trump's latest announcement. Traders will take more cues from the broader market sentiment and central bank talks.
Cardano braces for impact as US tariff storm brews
Cardano is down 4% at press time on Monday, entering its third consecutive day of decline. Bearish bias in Cardano’s derivatives market positional buildup aligns with rising pressure on the broader cryptocurrencymarket amid US President Donald Trump's reassessment of global tariffs and domestic conflict with the US Supreme Court.
Liberation day take two, the tariff machine just changed gears
Let me caveat this from the outset. What we are watching is first-order mechanics, not the grand macro endgame. This is the market’s immediate reflex to a 15% Trump tariff levy dressed up as judicial drama. The Supreme Court blocked Trump tarrif hammer. The White House came back with a scalpel.
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