

253: FOREX BROKER EXPOSES: Scams, Setup Costs, A/B Book, Liquidity & Prop Firms w/ Anish Lal
Nov 15, 2023
Anish Lal, Director at Blackball Markets, brings over 12 years of forex brokerage expertise. He exposes the mechanisms behind A-book and B-book models, emphasizing the tricks some brokers use to manipulate market conditions. Lal also discusses the hurdles and costs of setting up a brokerage, detailing regulatory challenges and the importance of a solid business plan. The conversation dives into execution speeds, liquidity issues, and how social media influences trading practices. Listeners gain invaluable insights into avoiding scams and navigating the brokerage landscape.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9
Intro
00:00 • 2min
Insights into Forex Trading: Challenges and Opportunities
01:40 • 2min
Navigating the Brokerage Landscape
04:00 • 11min
Essential Steps for Setting Up a Brokerage
15:03 • 5min
Navigating Forex Brokerage Setup
20:26 • 6min
Navigating Forex Brokerage Regulations and Operations
26:50 • 23min
Understanding Execution Speeds in Forex Trading
50:08 • 4min
Navigating Trading Execution and Challenges
54:05 • 17min
Engagement and Exclusive Offers for Traders
01:11:30 • 3min