What is the risk of losing my money with a futures broker ?

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.
 
Quote from MTE:

In case of Refco futures accounts didn't lose anything, only the forex ones did (along with other OTC).
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No surpise here since forex is largely unregulated, looks like it is difficult to find a futures broker where customers lost their money...
 
Quote from puretruth:
No surpise here since forex is largely unregulated
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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
 
Quote from Wallace:

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
More...


A LOT of forex brokers operate from unregulated offshore jurisdictions...
 
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