Regardless if MBT or EFX, $100 per mio. GBP/USD or $70 per mio. EUR/USD per side is just ridiculously high. ECN or not, this is to much.
Pippi, Who do you think is a better choice? If anyone would list some pros and cons I would really appreciate it. How about some of the larger brokers like FXCM or FXDD? Besides wide spreads..
it seems that the NFA has been actively doing its job, by shutting down those companies that have been unethical in their ways of conducting business
The NFA, being a trade association and not a governmental regulatory agency, has no authority or power to "shut down" a brokerage firm. All the NFA can do is "blacklist" a bad broker (or one who fails to maintain the NFA's minimum cash reserves standard) and deny him NFA membership.