I had an interesting conversation a month ago with a broker who shall remain nameless (we don’t do any business with them). In the meeting, the head of sales told me, verbatim, “we don’t want our clients to make money”. Anyone want to venture a guess why a broker might say this? Seems crazy right?

Does anyone trade with FXCM? Would like to know how their service is and if they are regulated in countries other than Cyprus?

I am currently with One Financial Markets – happy so far.
I have traded with OANDA as well and they were also very effecient.