Your Broker Is Your Enemy?

Discussion in 'Forex' started by DRiSsT, Jul 8, 2008.

  1. Any time you link to your site without being a sponsor, I will delete it. There's your answer.
     
    #71     Aug 4, 2008
  2. again, NFA's pure agent of principal r like the following,r u sure ur 3 names have the following characteristics: (1) when a retail customer enters an order on the FDM's platform, the FDM automatically (without human intervention and without exception) enters into the same transaction with another counterparty, creating an offsetting position in its own name; (2) the FDM confirms to the retail customer the price at which the order has been executed, which is the same price at which the FDM entered into the offsetting position; (3) the FDM does not profit from any resulting market movement as its offsetting transaction will result in the same profit or loss as the retail customer's transaction; and (4) the FDM's sole manner of compensation is a commission charge on each trade.
    http://www.nfa.futures.org/news/newsNotice.asp?ArticleID=2104

     
    #72     Aug 4, 2008