For those who may not be aware, these guys had always had a spotless regulatory record with the NFA and the CFTC... until now. Yesterday they got fined by the CFTC for multiple issues. Note that Tradestation Forex is a division of IBFX, which is the ...

TradeStation for trading forex?

That's a shame, because they had a good record with the regulators until now. According to this list, if you exclude introducing brokers, there are only two forex brokers operating in the USA that have never been fined by the regulators... what does ...

CFTC Orders IBFX And Tradestation Forex To Pay $600,000

Yes, that's true so US forex traders probably don't have to worry much anymore going forward except: 1) FXCM is not exactly a squeaky clean broker either. FXCM has been fined millions over six different occasions by the NFA and the CFTC. I would not ...

FXDD fined by the NFA

Have any of you had problems with these guys, or have you found them to be a good broker?

FXDD fined by the NFA

I see what you are saying there now. Yes, I agree this is a novel and useful way to make use of high leverage. The money is certainly safer in your account than in the brokerage account. Especially if you earn more interest in your bank account. Or ...

Brokers for U.S. residents

To answer your question directly as to why people may claim that Forex.com / Gain Capital (same parent company) may be a scam, though note I am not making that claim: 1) They have violated the NFA's regulations on more than one occasion. In the most ...

What is bad about GAIN Capital?

If you are looking for a "direct as factory manufacturer in this case" that is available to retail traders, and you are in the US, then Interactive Brokers has very tight spreads with low commissions. The major issue with them is that they have had ...

Need expert’s suggestion on choosing economical broker

I agree with Profit Daily that if a US regulated forex broker goes bankrupt that the retail clients will almost certainly lose their account balances because they are considered unsecured creditors. This is exactly what happened to clients of MF ...

Brokers for U.S. residents

Easy Forex does not hold NFA membership, and so is not legally able to solicit US retail forex clients. Alpari US does hold NFA membership. However, Alpari has also been subject to regulatory action as recently as 2014. They have been fined and ...

I need a broker regulated by NFA, CFTC, FSA