Discussion in 'Forex Trading' started by forexse, Mar 26, 2011.
What is the different between regulated and non regulated broker.
One is a liar and a thief & the other one is a liar and a thief.
I like t your answer.
Non-regulated brokers still don't follow the 25k rules correct? My assumption is they're not insured?
Anyone know of any that still exist? I thought most remained overseas.
Non regulated = Can walk off with your money and they have no rules
Regulated = Lots of rules, fund segregation and peace of mind
lol...yeah Refco was segregated...Everybody lost their money to the creditors...
No, Refco FX was not - it was offshore (as opposed to their futures business).
I think ElectricSavant is right non of them give you money back if they go Bankruptcy
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