Ac whats up, hope things are well with you. As far as MBT/EFX I don't think they would be designing a new platform if they were not. So yes I believe they are in for the long haul. One of the companies that kind of go unnoticed is PFG. I still think that the Protrader Platform is the best on the market, but there are several disadvantages with them, the spreads are wider than efx or oanda, the platform costs $50 us per month and they only have 6 majors available. But they are well financed and do everything by the book. Of course they do have that incestuous relationship with the Woodies CCI Club, but that is another tail for another time. The Ever Trying To Avoid Incest VIPER
Forex Fraud Roundup Been doing well trading recently so I haven't had much time to post (gotta love volatility!) In any case the shysters are busy as ever out there so beware. Forex Fraud is happening all over the world. The trading public really needs to be careful about who they trade with. Again, I recommend sticking with firms that are regulated, have good track records and have a healthy capital number. Above all I STRONGLY recommend that you not trade with a firm that is unregulated. All the crooks busted below were unregulated rogues (especially Zimbabwe's dictator Robert Mugabe. lol.) As a guide it should be noted the following firms are not regulated and as a customer you have no rights in a dispute or if the firm gets into trouble and goes bankrupt: Unregulated Brokers Finex Tradex Swiss AG ACM WestCapFX MIG DukasCopy GFX Group (Forex.CH) Crown Forex GCI Northfinance FXDD
Congress Close to Finish Line on CFTC Reauthorization Source: FI magazine: January/February 2008 http://www.futuresindustry.org/downloads/Jan-Feb_Washington_Watch.pdf Donât say no one warned you, to learn more review http://www.elitetrader.com/vb/showthread.php?s=&threadid=114662
New CFTC Numbers Are Out And with the Congress set to raise minimum capital requirements for forex dealers to $20 million these numbers are once again taking on greater significance. Above $20 Million Oanda $157 Million RJ O'Brien $91 million FXCM $82 million GFT Forex $76 million Gain Capital $50 million I Trade FX $33 million Interbank FX $23 million Below $20 Million PFG $18.6 million FX Solutions $17.3 million CMS $13.3 million ODL $11.9 million GFS Forex $10.4 IFX $9.3 million CMC $8.7 million Alpari $8 million Ikon $7.9 million Easy Forex $7.7 million Hotspot $7.7 million MB Trading $7.6 million Friedberg Mercantile $7.5 million Forex Club $7.4 million Money Garden $6.3 million Bacera $5.3 million Advanced Markets $5.2 million http://www.cftc.gov/marketreports/financialdataforfcms/index.htm
Very interessed ,how CFTC reacted on crach of Bear Sterns,public noted well respected company . Customer funds are not protected by Forex broker (ask commandatore ET member ,he received 40% after years of RefcoFx crash) ,no SIPC as by SEC broker ,no customer segregated funds as by future broker's by Forex spot broker ,not public noted and with maximum capital 150 mln $ by Oanda . Suspect CFTC reaction as more tight control .This rection would possible implemented through years ,but would .
Alsov very interessed CFTC position after today story with IBKR. Would reinforcement in future brokek's scene alsov ? To date pure agents of principals are AMTD ,OXPS,SWIM All with 1 bil $ + market value .OXPS and SWIM offer forex fx ,but not from future tradition platform as AT,OEC,CTS T4 HotspotFX alsov pure agent ,but with capital until 10 mln $ and account minimum 7500$ For comparsion AMTD 2000$ for margin account ,OXPS 0 $ ,2000$ for margin account ,TOS 2500$