Forex Brokers -Quality of the Institution
Unlike equity brokers, forex brokers are usually attached to large banks or lending institutions because of the large amounts of capital that is required. Also, forex brokers should be registered with the Futures Commission Merchant (FCM) as well as regulated by the Commodity Futures Trading Commission (CFTC).
You will want to make sure that your forex broker is registered and backed by a reliable institution.
You will want to make sure that your forex broker is registered and backed by a reliable institution.
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