Thursday, August 11, 2011
My friend tell me IMF announced about 167 legitimate forex bank/broker is that true?Who can give me the link?
I didn't find any info from IMF about it yet. Anyone can tell me how can I confirm this words are reliable? My friend believes except the IMF announced about 167 legitimate forex bank/broker , others are all retail brokers, and can not ensure safety to deal with them, even if they have good NFA / CFTC records, they use the same gambling biz model that make a order against,their client, most poor majorties who belongs to the 90% trade loser in the trade market? One obvious feature of IMF legitimate bank/broker I mentioned before is they charge 10pips and about 8 pips commission as IMF 'standard' trade fee. And standard lot is 10,000$ each time. But I rently find one of a famous national cl bank with great reputation of Europe has reduced their 'standard' 10pips fee to about 3pips in EUR/USD, and other currency pairs fee also reduced. Actully, I think I believe most broker in the top10 forex broker rank are good boys like Oxxx,Fxxx,Gxxx and u can get ur profit without a doubt based on you can win them,but the NFA doesn't granttee your mony can get back when they goes bandrupt? Just like before the financial crsis xxxxxbank'clients can't get their money back when it close.
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