but lots of difference in demo and live trading performance , so this approach actually not works
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
What to look for when choosing a Forex broker
- Thread starter FP Markets
- Start date
1) Type Market maker or True ECN? 2) Client money protection if it goes belly up
What about ECN or Market Maker? public should be made aware the pitfalls of MM model
Also ASIC regulated is good but at the end of the day if an ASIC regulated OTC broker goes belly up the Client become another creditor .. I doubt if any ASIC regulated brokers mentions that...
Sure there are strist rules etc but there is no FCA UK type protection!
Please "enlighten" us what the FCA UK type protection is. I recall a "certain" company called MF Global which did undergo a SHITTY ADMINISTRATIVE PROCESS in the UK until all "protected customer funds" were paid out. Took the admin only 4 or was it 6 years to get their SHIT done.
So, please (with some cream on top) - don´t spread the "UK FCA SPECIAL PROTECTION" treatment crap!
SO what other crap would you be happy with? NO PROTECTION AT ALLPlease "enlighten" us what the FCA UK type protection is. I recall a "certain" company called MF Global which did undergo a SHITTY ADMINISTRATIVE PROCESS in the UK until all "protected customer funds" were paid out. Took the admin only 4 or was it 6 years to get their SHIT done.
So, please (with some cream on top) - don´t spread the "UK FCA SPECIAL PROTECTION" treatment crap!
by the way MFF was a futures FCM not stock broker so even in USA SIPC only protects direct stock holdings not Futures industry
Yes such insurance schemes when tested might not be effective but better than nothing
FCA is better than ASIC
all regulators are not effective but should we not push for better regulations rather than dilution?