I'm not an FX trader, so I have no idea whether or not they're a good or bad place to trade with, but I got this email/spam and thought it might be an interesting fyi for those who do trade forex and are unhappy with their current bucketshop.
In the current economic environment, protecting your deposits is of utmost importance. That's why we now offer FDIC insurance for CitiFX Pro traders. All client US dollar deposits held by CitiFX Pro are fully insured by the FDIC for the entire amount in the account*.
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*Citibank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through Dec 31, 2009, all Citibank U.S. non-interest bearing transaction accounts are fully insured by the FDIC for the entire amount in the account. Accordingly, US dollar margin deposits maintained with Citibank NA in connection with CitiFX Pro transactions are fully insured; Non-US Dollar amounts (EUR, GBP, JPY and HKD) are held outside the US and are not FDIC insured. Please go to the following link for more information. http://www.fdic.gov/regulations/resources/TLGP/index.html
