financial stability

Discussion in 'Retail Brokers' started by hoodooman, Nov 24, 2009.

  1. How can I tell if a privately owned brokerage firm is financially sound.
  2. forex? futures? stock? options? US based?

    You can probably start with anything the SEC/CFTC/NFA says about them, the NFA,

    Their financial statements, etc.

    Research them on the web,

    Since you do not even mention them here, it is hard to get any feedback from ETers...
  3. Its a well rated firm on ET, so I didn't want to mention their name.

    Trading stocks.

    My research on the net indicated that private firms have to disclose to sipc but not to public.

    I was hoping some one could supply a specific answer.
  4. 6pst6


  5. You nailed me but I still can't decipher what is going on there. Gobbledegook.