Hi All,
I have heard that NFA will shut down any broker that has less than $5 million in funds. I am not sure of the exact time frame, but it seems like in the next month or two.
If you look at http://www.cftc.gov/files/tm/fcm/tmfcmdata0704.pdf you can find the brokers financial capability.
I am thinking of opening an account with MbTrading. However when you look at MbTrading (MB TRADING FUTURES INC.) they have a capital of $3,080,918.
Any comments on that? can they be tursted?
I have heard that NFA will shut down any broker that has less than $5 million in funds. I am not sure of the exact time frame, but it seems like in the next month or two.
If you look at http://www.cftc.gov/files/tm/fcm/tmfcmdata0704.pdf you can find the brokers financial capability.
I am thinking of opening an account with MbTrading. However when you look at MbTrading (MB TRADING FUTURES INC.) they have a capital of $3,080,918.
Any comments on that? can they be tursted?