Why does forex have a bad rep? | Currency Futures


futures.io - futures trading strategies, market news, trading charts and platforms


Currency Futures


This subforum allows you to find traders that trade Currency Futures. You may post about anything to do with trading currency futures in this section




 

Why does forex have a bad rep?

  #35 (permalink)

Market Wizard
Boca Raton
 
Trading Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,410 since Sep 2010
Thanks: 2,342 given, 3,561 received


Blash View Post
.....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.

Ron

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
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
Reply With Quote
The following user says Thank You to mattz for this post: