Monday, April 27, 2009

Forex and the MetaTrader Platform

The MetaTrader platform allows clients to place buy/sell trades on the Forex market. It's quite a nice product, but is it 'fair'? There is a plugin, shown in this thread, that allows the broker to 'tweak' the settings on their side to, possibly, rob you of your cash.

So, if you see some unexplained spikes, or wonder why every trend just hits your SL before reversing, then maybe your broker is using this plugin.

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