• Discussion about designating Trusted Brokers began almost 1 year ago.
Here is the first post in which I proposed the idea:
http://forums.babypips.com/forex-brokers/36221-going-offshore-escape-cftc-post682529.html#post682529
• Based on discussion (not formal voting), I concluded that the consensus (among those participating in the discussion) was that FX Choice and Tallinex deserved the Trusted Broker designation. Here is the post where I announced that decision:
http://forums.babypips.com/forex-brokers/36221-going-offshore-escape-cftc-post684591.html#post684591
• Then, we — [I]meaning those members who chose to participate[/I] — discussed, vetted and voted on several additional brokers from our List. Our voting process resulted in a ranking of 6 additional brokers, with Trader’s Way at the top of the ranking, and ProfiForex running a close second to Trader’s Way.
Here is a summary of the voting:
http://forums.babypips.com/forex-brokers/36221-going-offshore-escape-cftc-post691942.html#post691942
• Based on that polling result, I added the Trusted Broker designation to the Trader’s Way listing. Here is the post where I announced that decision:
http://forums.babypips.com/forex-brokers/36221-going-offshore-escape-cftc-post692439.html#post692439
That’s where we stand today.
• Take note of the last paragraph in the second link (above), which reads:
Trusted broker status should not be a “lifetime appointment”. A broker who deserves this designation must continue to deserve it in the future, in order to retain the designation. To the extent that it’s possible and practical, this thread should be a democracy. As such, we can vote brokers into — or out of — the trusted broker category.
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