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.