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Old 05-10-2007, 02:47 PM
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riffster riffster is offline
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Talking Choosing your Broker...

Here is a link that I have found helpful. Take a look at the line labeled "Excess Net Capital". If your broker doesn't have enough "excess capital", then they won't be able to pay you if you have a strong month. I have had that happen to me before, it sucks..!

Your broker might not be as "liquid" as you think...

http://www.cftc.gov/files/tm/fcm/tmfcmdata0703.pdf

This pdf post is updated regularly by the CFTC...

Note: If your broker is not listed on this report then it's probably one of 2 reasons. 1) they are registered only as an IB (introducing broker) with the NFA 2) or they aren't registered at all..!! (even worse)

Last edited by riffster; 05-10-2007 at 11:00 PM.
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