Are B-Booking brokers simply glorified casinos designed to separate retail traders from their cash? Most brokers offer 500x leverage with no questions asked. Margin stop-out levels are purposely kept low.
This leads to traders taking huge amounts of risk on and enables the broker to capture as much of the clients deposit as possible in their B-book where they earn massive profits on their clients losses.
Angus Walker (General Manager), Jeremy Kinstlinger (Co-Founder) alongside Sammy Althaus (Head of Retail Support) unpack it all in "How Forex Brokers Make Money" series.
Disclaimer: Trading is high risk, losses may exceed deposit. Advice is general only. Refer to PDS at www.globalprime.com (AFSL 385620).