Financial Information
133. Choosing a Forex Broker: Regulation and Financial Stability
www. informedtrades. com — What forex traders need to consider regarding the regulatory environment of the forex broker they trade with.
This entry was posted by admin on June 18, 2010 at 6:49 pm, and is filed under Investing. Follow any responses to this post through RSS 2.0.You can leave a response or trackback from your own site.
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#2 written by InformedTrades 1 year ago
Hi noddyin, Thanks for the comment. I used to work for FXCM so I am probably a little biased. Like any firm they have some faults but overall I feel that they are the best company in the industry. If you visit my channel by clicking the InformedTrades banner to the right of this video you will see a video labeled #132 which goes into some of the reasons why the larger firms like FXCM get so many bad comments. Best Regards, Dave
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#6 written by AACStudios 1 year ago
set stops were not reached yet positions were closed and limits were met without profits being taken. Fxcm misrepresented their dealing positions relative to their clients position. On many occasions fxcm deliberately crashed our platform.
Their CS center reports they are a separate company from the Micro division and cannot lend support although they directly receive all the emails and inquiries.
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#11 written by OilTradeInstruction 1 year ago
The Forex market is a scam! Look at my profile and watch my video on the forex market, it will OPEN your eyes. Then let me teach you a real market by learning to trade Oil, you cannot imagine how profitable it is and how relatively easy it is to trade if you know what you’re doing. The Forex is a 100% scam market, watch my video and you’ll see. Don’t ruin your life trading the Forex.
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#12 written by AVeLLiiii 1 year ago
2 millionn to start up a forex firm!!? ridiculous & now you know why firms go close 2 bankruptcy forcing them 2 charge outrageous commissions & scaming out there customers! lol 2 much financial regulation & not enough ethical & common sense regulation,. Oh yea i respect the NFA but lets be serious here they Charge 20,000 dollar fees to frims that need the money in the first place thus only making it worse the firms to recover,seems like just another business to me than regulation
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What do you recommend for a newbie in the uk? I was thinking FXCM but everyone seems to hate them.