As I posted below, FXCM has had, and has some pretty serious regulatory actions bought against them by the NFA. I personally wouldnt go near any Forex Dealer Merchant that had been subject to regulatory action, let alone bought to book for violation of
Rule C.R.2-36(b)(1). I've done a check and found the following 3 firms have not been subject of any regulatory action, and are the best capitalised.
GLOBAL FUTURES & FOREX LTD (Forex Trading: Online Currency Trading from Global Forex Trading)
NFA Registration details and history
OANDA ( http://fxtrade.oanda.com/ )
NFA Registration details and history
FX SOLUTIONS LLC (FX Solutions - Simplified Forex Trading with Premier Forex Trading System)
NFA Registration details and history
Code:
COMPANY | Net capital| Required | Excess | Multiple
GFT | 49,664,118 | 6,904,864 | 42,759,254 | 7.19x
OANDA | 49,222,317 | 9,172,410 | 40,049,907 | 5.37
FX Solutions | 17,295,130 | 2,064,386 | 15,230,744 | 8.38
Does anyone else knows of any FDM's with no regulatory problems and are well capitalised ?