Bucket shops and market makers

Jesse Livermore spent many years trading in the bucket shops until the day he was too known and not able to trade there anymore. In a chapter of is marvellous book, Reminiscences of a

Are ECN brokers a scam?

There are several trends in the Forex and trading retail markets nowadays. One that seems to be very popular is the fact that more and more brokers are claiming that they are ECN brokers,