Does retail brokerage companies like FXCM actually trade for themselves?
Please excuse me if I have just asked a stupid question because I'm a rookie in trading. What I know is that companies like FXCM provide online platforms for investors to trade for themselves, and also provide some products and market news. But do they trade for themselves or for other investors at all? I have an internship opportunity in FXCM in Hong Kong this summer, I can't make up my mind whether to take it or to expect other chances. If all about FXCM is the online platform thing then the internship would seem meaningless. Please shed me some light on this, thanks in advance.
they are merely brokers
No offense but sounds pretty useless. My guess is that they just want some naive slave labor.
How much were they planning to pay you (if anything)?
Remember in the last epsiodes of Wall Street Warriors when that black chick quit SMB and went to work for dailyfx.com or FXCM or some shit like that, and she got to trade as well, I thought that was weird when i saw that but i guess they do some trading.
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