How many examples do you know of people who lost money with a futures broker ? (not by trading themselves of course )
Futures accounts are segregated so your money is fairly secure no matter what happens to the actual broker.
Your money is only segragated from the firm's money, not segregated from that of other clients. It is conceivable that a large client could wipe ot the funds or some of the funds of other clients. I don't know what would happen in that circumstance. I know only of one broker, IB, who holds your segregated funds in an insured stock account even if you day trade futures. That for me is secure.
Apologies if you have already studied this, or if you think it's not relevant if your broker is a different one, but here is what Interactive Brokers has to say about the matter ... http://www.interactivebrokers.com/en/general/education/faqs/safetyFAQ.php?ib_entity=llc
In case of Refco futures accounts didn't lose anything, only the forex ones did (along with other OTC).
No surpise here since forex is largely unregulated, looks like it is difficult to find a futures broker where customers lost their money...
wrong US fx brokers are regulated by the same agencies as futures brokers: Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA) likewise in the UK the FSA, Canada the 13 provincial regulators, Australia the ASIC Russia the FRA (KROUFR), EU by the regulators of the country they operate from 'Where Does the Money Sit When Commodity Trading?' http://www.marketoracle.co.uk/Article14926.html