Guys,
NFA is just a regulator and they help us to protect again dirty tricks cause by broker or something like that, but if they can only play with big brokers who have big capital and can't regulate for ECN brokers that really play fair with us but with smaller capital, I would throw them into garbage ! What did they do to protect many trader who have been cheated by their broker out there ? nearly nothing. What did they do to stop FXCM from playing dirty trick ? nothing.
So why do we need them ? for their name ? or their actions ?
NFA is just a regulator and they help us to protect again dirty tricks cause by broker or something like that, but if they can only play with big brokers who have big capital and can't regulate for ECN brokers that really play fair with us but with smaller capital, I would throw them into garbage ! What did they do to protect many trader who have been cheated by their broker out there ? nearly nothing. What did they do to stop FXCM from playing dirty trick ? nothing.
So why do we need them ? for their name ? or their actions ?
Rich is just a definition !