DislikedOne of the biggest risks a retail spot fx trader faces is the fact that his /her account is non segregagated from the balance sheet of the broker they are with .Regardless of what your broker tells you , if they go bust you will lose your trading account.This is what happened at Refco.
This brings me to my point. While the retail fx traders lost , all the refco futures accounts were untouched by the creditors as all futures trading accounts must be segregated by law.
So ... if you have concearns for the safty of your funds in the event of your broker going tits up, why not trade fx via a futures broker on the CME.
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