Are these just the ones above 20 mill? There's a couple more then...

Brokers who have been shut down already...

If that is the case, all the better for you I would be sure though - I'm fairly certain you have no special protection in case of bankruptcy or insolvency by the company, so I would check with them and get it in writing as someone else suggested. ...

FXLQ Shut down temporarily by NFA

From what I've read, most forex companies in the UK (if not all) include a section in their app about the Segregation claims, saying that the company will hold the money as a trustee, but money held on your behalf is not subject to the protections ...

FXLQ Shut down temporarily by NFA

From what I understand, the segregation restrictions put in place by the FSA don't really apply to forex accounts. I think some older threads on these boards covered that, talking about how it was misleading for a UK forex company to tell you they ...

FXLQ Shut down temporarily by NFA

FXCM's NDD has been attacked online several times because they do have a dealing desk. They also apparently deal with DB to fill orders, which suppossedly *does* have a dealing desk, so in essence, it's all the same thing. In reading about it ...

How Bucketstop shops operate

"The more padding they have, the more your forex accounts are protected." Well, this part isn't really true. No forex account is "protected" in the US AFAIK. The NFA seems to frown on people implying such. I'm not sure why 20-30 mill is a magic ...

URGENT Warning from Joe Ross

... Only if the person is irresponsible with the credit card are they trading with money they don't really have when its due. And... if someone is trading with any type of leveraged account, aren't they in theory trading with money they don't have? ...

Forex Brokers

To be fair to forexsavior, he has made the point that this is mostly about capitalization for the purposes of this message board, hence the title. That doesn't mean there aren't areas where the "big boys" are fraudulent, its just not been his focus, ...

Proposed NFA Capital Requirement

itradefx is at 15 million, FX Solutions is at 19 million. EDIT: You mentioned you forgot to add fxsolutions. That's just a first glance, there might be a few others.

FXLQ Shut down temporarily by NFA

Sooo..... you don't think there's room for a new company to come into this field... they're only going to allow "firms with a long history" to come into this. If that were true (which I highly doubt), it would be disgusting. Surely, there's room for ...

FXLQ Shut down temporarily by NFA

Why would these 5 be the only ones left? I see several on the capitalization list closing in on Gain at least in terms of cap, and that's just what they're showing on the books. Why wouldn't others be able to "stay in the game"?

FXLQ Shut down temporarily by NFA

"Heeeeeeeeeere, faaaaaaaaar, whereeeeeever you are..." Isn't it "Near" instead of "Here"? Hmm... I actually did know that... how sad...

Proposed NFA Capital Requirement

Seriously, with the volume in this market, what makes 5 million safe and 1 million not safe? Heck, in a three trillion dollar market (daily), what makes 20 million safe? Answer: Good management. It's not some arbitrary figure. That said, the NFA is ...

Proposed NFA Capital Requirement

The buying up of DirectForex is a pattern we'll likely see repeated several times. Interesting times. What happened at One World Capital has no direct bearing on E-FX. It's like saying that when my neighbor goes bankrupt because he defrauded the ...

Proposed NFA Capital Requirement

Thanks eliteeservices, but that testimony had been linked before. I think that eventually, they *might* look to go to 20 mill, but I don't think it'll happen for a long while (a year at least). For one, the members of the NFA on the forex side ...

Proposed NFA Capital Requirement

Unless you know for sure that they are in a position where they'd have to raise their margin requirements, this seems a bit like jumping the gun. I haven't checked on those firms, but its possible they already are meeting the new margin terms and ...

Proposed NFA Capital Requirement

While true, it also stands to reason that a smaller company would have to advertise more also in order to build up their business, so I'm not sure how much you can base on advertising.

Proposed NFA Capital Requirement

I'm not going to rehash the "get out now" argument, as that would be beating a dead horse. While it is good that you did inform people about One World, you could potentially be damaging the business of some firms that haven't done anything wrong ...

Proposed NFA Capital Requirement

What does this part of that proposal mean: "update the enhanced ANC obligation under the Requirements to impose minimum ANC requirements of $2,000,000 on affected Forex Dealer Members ("FDM"s), $1,000,000 on affected non-FDM futures commission ...

Proposed NFA Capital Requirement