Trading Account Blog Category Posts
Dumping Facebook on an FX Platform?
Shorting Facebook seems to be the craze in the US equities market nowadays. After all the commotion and hype, FB's IPO price was set at $38 a share on Friday, May 18th. The stock hit an intra-day high of $45 … Continue reading
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MF Global Missing Funds Found – Jon Corzine Testimony
Jon Corzine provided his testimony today before a Senate panel to address the mystery behind the MF Global's Missing Customer Funds. "Where's the money?", was a common topic, but apologetic ex-CEO Corzine denied knowing the whereabouts of the missing $1.2 … Continue reading
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Are MF Global Forex Accounts Safe?
Missing Funds, Bankruptcy and Jon Corzine’s Prop Trading Losses We feel sorry for MF Global Forex clients after Man Financial filed for Chapter 11 Bankruptcy on October 31, 2011. "What?!?!?", you say I disbelief. "Man was a registered FCM (Futures … Continue reading
Posted in Forex, Traders Wanted, Trading Account 1 Comment
Is Your Forex Account Really Safe?
Traders wonder how safe is the money in their Forex Accounts. What happens if their broker goes under? This blog post explains why a Trust Account is the safest option and why NFA account protection is deceiving when it comes to foreign exchange. Continue reading
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