Being regulated is great, but NFA will do nothing should you have a problem with a broker. They are just a membership body doing business by charging registration fees.
Everything seems to be over regulated in USA and in favor of multi million giants as if to indicate that higher capital = safety.
America no longer offer equal opportunity. More money more equal. Notice how all small mom and pops stores disappeared and owners now all work for big co. that "closed" them down. The same will happen with fx brokers.Traders will have no choice but to deal with giants, and when competition narrows guess who is in trouble? Traders, of course.
Also, just because someone have a Swiss address and a Swiss phone number does not mean they are Swiss co. and located in Switzerland.
Most of them are not actually Swiss, but based right in here ..USA.
Good day.
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