Going offshore to escape the CFTC

CFTC protection? Hah… PFGBEST immediately comes to mind when I think of the CFTC or the NFA protecting anything. People who feel ‘safer’ trading FX with 4x more of their own cash on deposit, FIFO rule and no hedging are trading with a huge disadvantage. No CFD’s, no metals, etc, etc… We’re lucky we have some options. I’m disappointed Trump has done nothing to fix Dodd-Frank and resurrect the US broker market.

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