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Why does forex have a bad rep?

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Market Wizard
Boca Raton
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.....Spot FX is also referred to as gambling by some because there is really zero way to know what or how much volume is being traded since nothing is centralized.


I don't think this is true. Some FX firms have very deep liquidity providers and have the ability to disclose it. Some have very poor liquidity providers, and their volume is not significant, so they may choose not too.
However, The OTC market, has oppose to a centralized exchange will always have a lot more of "it depends" when it comes to many trading variables.

Matt Z
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