Quick question...

[grandejoder]

Can you please give me a clear answer to this question... If I get stopped out or close out an order in a reduction, who receives that money?

[dannygok]

Can someone please give me a definite reply to this question... Should I have stopped out or close out an order at a reduction, who gets that money? The person who is on the otherside of the transaction. It's a market maker, such as your own broker. Or it could be a bank, another trader, etc..

[kattoxnx]

The person who is on the otherside of the transaction. Typically it's a market maker, like your broker. Or it might be a bank, another trader, etc..

JohnFX yep or put another way, its somebody else.

[Croccixio]

Most likely someone here following J16 PA, and probably not anyone on the Moneytech complainers forum.

[kattoxnx]

Most probably someone here following J16 PA, and probably not anybody on the Moneytech complainers forum.


LOL. NOW THAT MADE ME LAUGH.

[apple18]

Nobody. The fact that you purchased currency pair from someone does not mean this man lost money due to that. The identical way if you shut your position ( offered a pair ) it does not mean that somebody who purchased it from you made any money. It may be for him nicely a brand new position and his P/L will be minus spread.

[grandejoder]

That sheds some light on the topic.

[burbujita303]

Can someone please give me a definite reply to this question... If I have stopped out or close out an order at a reduction, who gets that money? Me!!