Why does retail forex feel rigged?

Because in many ways it is. Most retail brokers operate on a B-book model, meaning they profit when you lose. Combined with gamified platforms and loose regulation, this creates an environment stacked against retail traders.

What is a B-book broker?

A B-book broker internalizes your trades instead of routing them to the open market. They take the opposite side of your trades and profit from your losses.

How do forex brokers manipulate traders?

Tactics include slippage, 'last look' execution delays, stop hunting, and addictive platform design. These features benefit the broker at the trader's expense.

Is there a better alternative to retail forex?

Yes. Futures, options, and A-book forex brokers offer more transparency and tighter regulation. Legitimate proprietary trading firms also provide better environments for developing traders.

How can I avoid being manipulated by brokers?

Start by auditing your broker, avoiding unregulated offshore platforms, considering market alternatives like futures, and using real prop firms instead of gamified trading apps.