Please keep your post on the other brokers on the other threads. Thanks. Anything both positive and negative welcome.
Please post real informations and not supposed informations and make it as if it is true.
Qoute:
Dukascopy is launching a new custodian service in partnership with a number of Swiss Banks, allowing clients to keep money in their banks while getting credit line to trade in the Swiss FX Marketplace. The custodian service consists of automatic daily settlement of P/L and trades in the client’s bank account.
According to Alain Broyon, CEO of Dukascopy, “This custodian business model follows a long term trend adopted by Dukascopy to separate the activities: SWFX - Swiss FX Marketplace with custodian service delivered by bank participants and Dukascopy Swiss FX Brokerage House, providing prime brokerage services to SWFX Swiss FX Marketplace along with other major marketplaces.. ) Qoute:
There have been so much written about how well regulated/controlled US or UK bokers are. And a lot of bashing on Swiss brokers. In the end, we still have Refco and Enron !!!
Neither NFA nor CFTC are able to protect your money. The only way is to keep your money in your bank account under your own name and pays it in/out to and from your broker. That way if your broker goes bankrupt, your money is not touched. So you have the best SAFE broker almost none US and UK brokers can't beat.
I don't think there is any other safer way.
Please post real informations and not supposed informations and make it as if it is true.
Qoute:
Dukascopy is launching a new custodian service in partnership with a number of Swiss Banks, allowing clients to keep money in their banks while getting credit line to trade in the Swiss FX Marketplace. The custodian service consists of automatic daily settlement of P/L and trades in the client’s bank account.
According to Alain Broyon, CEO of Dukascopy, “This custodian business model follows a long term trend adopted by Dukascopy to separate the activities: SWFX - Swiss FX Marketplace with custodian service delivered by bank participants and Dukascopy Swiss FX Brokerage House, providing prime brokerage services to SWFX Swiss FX Marketplace along with other major marketplaces.. ) Qoute:
There have been so much written about how well regulated/controlled US or UK bokers are. And a lot of bashing on Swiss brokers. In the end, we still have Refco and Enron !!!
Neither NFA nor CFTC are able to protect your money. The only way is to keep your money in your bank account under your own name and pays it in/out to and from your broker. That way if your broker goes bankrupt, your money is not touched. So you have the best SAFE broker almost none US and UK brokers can't beat.
I don't think there is any other safer way.