NFA Regulation in the US

Quoting JoshDance

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Does anyone know how large of a role the National Futures Association (NFA) plays in forex brokerage regulation?

For example, I went to ATC (Avail trading corp) web page and they said they were regulated by the NFA. So I went to the NFA's web site, looked up ATC, and got their information. I also decided to look up Interbank FX's data, and found out that they have had two regulatory actions taken against them, and one was just filed a couple of days ago. Here's the information on that:

http://www.nfa.futures.org/basicnet/...10&contrib=NFA

So, is this a concern? Doesnt' sound good for sure, but I don't know how big the NFA is either.

Also, IBFX is registered as "Futures Commission Merchant" with the NFA, while ATC is registered as an "Introducing Broker" ... what's the difference? Anyone know?

EDIT: Just looked up MB Trading, and it looks like they were originally registered as an "Introducing Broker" and then after a couple of years registered as a "Futures Commission Merchant" ... so maybe that means Avail (ATC) is in its baby phase.

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Quoting turbokaos

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Introducing Broker is exactly what it says. ATC is an introducing broker for Capital Forex Pro which is an FCM

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Quoting turbokaos

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... ATC is an introducing broker for Capital Forex Pro which is an FCM

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