Quote:
Originally Posted by Linuxser
You forgive one key my dear:
So, the new NFA proposition only have a couple of winners. Dealing Desk brokers.
There is no new proposition to quotes manipulation, stop loss hunting, requoting, invented moves, spread widening, and every practice that dealing desk brokers practice with US.
On a few words, just more margin requirements. No new ethics and practice rules, no big deal to make the forex business transparent.
In less and less few words: if you have the money, you could keep playing your dirty games against customers.
Please, tell me if I´m wrong.
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I feel the same as you. NFA needs to regulate FDMs such as seperating clients accounts only for trading, insurance, or preventing FDMs from doing dirty things to their clients. What I see now is NFA is not doing anything benefits Forex Traders but these big firms. Anything we can do to for our benefits?