Wanna be profitable? Start by choosing the right broker

The info shown suggests that the broker of choice could influence the chances of being profitable in forex. Except for the great O, are all other brokers unfair with their customers? Welll, perhaps the results are not statistically significant. 😱

https://forexmagnates.com/us-forex-brokers-account-profitability-comparison/

Who does give credit to this data?

I think O does so well as they attract a more professional trader.

That API fee keeps the riff-raff out. So you only go do it when you're sure you got a system. And the barrier to entry in terms of cost of program development is much higher. So generally the people who are successful already will go to O for all the other benefits, faster executions, good client service, reputation and so on...

What is amazing, is were looking at less than 100 000 fx traders globally, even less than I thought. Very small pool.

Iam currently using both fxcm and oanda, seriously that tighter spread makes so much of a difference.

I've tried FXCM, InterbanKFX, Alpari and remember the ill fated REFCO? OANDA seems to always win out above them all. The tight spreads make an enormous difference especially when you're trading a lot of exotics like I usually do. Besides the fact that most brokers don't even offer the currency pairs I trade.