It will go up like it went down funny part is those who were shouting buy buy around 1.3 levels are shouting sell sell at current level. Buy the dip, it is almost 1000 pips down in 1 to 2 months. ROI on buy is much better.

Cable Update (GBPUSD)

I dont think so as traders are not shareholder. Now MyFF is down.

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url Have you traded with them? Only problem here is they are not as reputable as ICMarkets or TickMill Usually Forex brokers are difficult to experiment as deposit usually big to see any profits so risk is more.

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Yep I used to have account with MarketsWorld (they were in Isle of Man) they used to like MyFF but they screwed. Not only that canadians followed them 1 step ahead and they banned Nadex to accept candian residents. I really liked Nadex. Same ...

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Not for Canadians though Even if they accept Canadians they wont accept residents of Ontario, BC or alberta where almost 80-90% of population resides.

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As I said earlier. They are not only after MyFF they will screw all possible ways for trader to trade with these firms. Crypto will only be option but for those who are cheer leaders of bashing MyFF about cheating will get more cheated since there ...

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Exactly those who are complaining about MyFF (being unethical or manipulating prices) especially who are residing in North america are sore loosers or they haven't traded at all. As I said couple times regulated brokers have much worst conditions ...

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Question is why only two are main leaders in US and Canada (Forex.com and Oanda.com) where as a small country like UK (in size) is having 20-30 leading forex brokers. Answer lies in my first sentence. Compare any good brokers spreads and executions ...

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I like to think that way but I am not positive about this case as CFTC has so many places where they can screw MyFF up. I dont think anything positive coming out as if they intended to brush up case TWO different authority would not have coordinated ...

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I will be happiest person with this outcome.

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Haha CFTC is trolling or stalking MyFF from last 1 year why do we assume other firms are not in their radar? Usually bigger crimes gets exposed with smaller ones. (I dont think MyFF did anything wrong in B-booking all casino or lottery works ...

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Agree but one should not spend new money on any of the prop firms things settle down. I agree all will die but that doesn't mean one should jump out of aeroplane and expect to land directly onto mattress sitting at home

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Yes. Why MyFF will not say in their defense other prop firms are also operating on same model?

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If they shut down MyFF forget about any prop firms for any North american clients as virtually all prop firms including FTMO is having same model. It will be catastrophic to all prop firm industry.

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Well they will do if regulators comes after. They suspended India because of regulations. North america is far more powerful

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Expensive lawyers doesn't have enough money to buyout judges Why do you think big banks gets away with insider trading with negligible fines. Do you think it is because of lawyers? It may be the case where regulated brokers like Forex.com or ...

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Well again until judgment passes they can't easily use family members name unless they live in some other place , location or different last names. CFTC can turn this case into fraud case like barnie madoff which can be processed as criminal ...

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Well wise man needs to spend money to avoid criminal or jail time. CFTC may take away every thing plus adds fines. So this case is not just for survival. Going offshore is not easy as it seems and now its too late. They can't go offshore without any ...

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When ever regulators especially in north America goes after someone there is no return unless you have billions of dollars to pay as kickbacks. Look at all major banks and firms like goldmans sacs every one is doing some sort shady forex cartel but ...

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Agree. They are here to stay long only if big brother allows. MFFX already removed Canada from list after few days US will be the ones once they start MyFundedFutures.

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