AFG only applies to Australian entity / brokers regulated in AUS
"this preserves funds in the case of company failure " It is SUPPOSED to but if there is a fraud! you can end up being an "Unsecured creditor"...
You might be but not everybody could be!
Binary Options could be built using proper Exchange traded Options, Like Vertical spread As a attractive product nothing wrong if you like a QUICK...
sorry I meant your brokerage on Equity/ Option/ Futures and also leverage debit interest and short interest charges also other point about Single...
If the money is held under a Futures broker (wedbush) how is it SIPC protected? Or wedbush is a hybrid like IB ? and sweeps cash to SIPC? Reg T...
Ib had it's troubles with ASIC the Australian regulator and as a results Australian clients got rough end of the stick No Margin No FX trading NO...
VR, Technically/ legally that may not be the case. but the points raised by Truth are absolutely important as I said something does not gel!
It seems some firms " are getting away with same model and based in USA! so where anybody is based is different issue, the main issue is are...
Looking at the Marketing of DTTW.. they claim hundreds of "Trading floors" around the world but not a single mention of where they are! + the SPAM...
It is not me, it is the firm itself claiming that they are a "Prop " Firm have a look..."ActualTraders has been at the forefront of propriety...
just got an email like most of you from another "Pretend prop" selling "Tests" on a promise that you may get funded if you pass the test... LOL...
I guess perhaps more honest business model than the one I described:D
so did he or his staff ever answered your questions!
Mav, I do understand what you mean may not be at same level as you . True that the True blue props are those have own Propritery in house Trading...
"cme close with gap risk and only $625 per contract margin." Yes that is the big question.. HOW do prop firms manage gap risk even during the...
So Maverick74 ... what you think about all these what I call " pretend Prop" whose businesses model is to make money by selling "Tests" and...
So pekelo are you for strong and effective regulations to keep crooks away or are you for NO regulations ( irrespective of which country)
So what if dodgy people are bought to justice what does it matter if US is a worlwide police or not ! as a consumer I would vote for tight...
thanks for the PS.. no i did not realize that...I did not look closely.. I foolishly assumed that the spread itself traded like that! so in a nut...
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