Is it legal for a USA based/NFA regulated broker to charge a different spread depending upon who the customer is? My broker recently changed my spread from an avg. of .8 pips to 5 pips, likely b/c I’m profitable. What they don’t know is I’m a CTA and can see the spread in my clients accounts, which is still at the normal .8 pips. Thoughts?
You are asking for legal advice on a public forum? What you will get is free and worth absolutely nothing. Legal and tax questions should be addressed to the experts not a bunch of know nothings and know littles.
CodeMeister is right. BabyPips isn’t the best place to ask.