Most Brokerage firms don’t like scalpers, What they want is a trader who trades long term or is a position trader so that they are able to clear the transactions in the interbank market without risk. Look for ECN Forex Trading
Month: November 2010
National Futures Association (NFA)
The NFA (National Futures Association) is an organization within the U.S futures market that was created in 1982. It is industry-wide and is self regulated. The NFA fills many roles and purposes within the commodities and futures market, but its main role is the protection of investors. This is accomplished by the many programs, services, and rules that have been developed over the years by the organization.
New Swiss Forex Fraud Fighting Rules Bring Effective Broker Regulation
Since the Crown Forex fraud, other Swiss based forex brokers have also run into problems. Nevertheless, with the new rules in place, most questionable forex brokers based in Switzerland have packed up and moved.