You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?
It is simple. The work of brokers is simply to provide liquidity for assets people want to buy and sell as quick as possible, they simply charge for the convenience of providing the quick and seamless swap between assets, it is a fee which they earn regardless of the conditiom of the market, because it only depends on the volume and not the value of the assets themselves in the last 24 hours or so. That is how market makers make money, or at least most of them.
I would dare to say that without the existence of brokers, the global markets would not be the same whatsoever and it could take several hours for us to carry out a single transaction, so I personally do not see anything wrong with the role of brokers and market makers, s long as they do not use their position to manipulate the market on purpose or get involved in any malpractice, then they are as legitimate to me as any casino would be.
Also, unlike brokers. Casino do not completely depend on the volume of gambling but also a little bit on the luck of their gamblers. Brokers do not benefit from it in the same way.