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Re: Do Forex brokers really trade against you/cheat on their clients?

Posted: Sun Jan 14, 2024 3:36 pm
by galaxy
I hear alot of comments that futures is the best
Idk how that relates to broker performance

Re: Do Forex brokers really trade against you/cheat on their clients?

Posted: Sun Jan 14, 2024 9:42 pm
by Ogee
galaxy wrote: Sun Jan 14, 2024 3:36 pm I hear alot of comments that futures is the best
Idk how that relates to broker performance
Futures are a product designed to be more cost effective for longer term trades typically 5 days or more. A Contract For Difference (cash/spot markets) are better for short term trades.

CFDs you pay a one off spread but also need to pay a daily interest fee (overnight swaps payment) while the futures market you pay a slightly higher spread which you renew on the monthly roll-over but there are no overnight fees.