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General Forex Discussion
More risk more money
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[QUOTE="Emibluz, post: 51026, member: 27442"] I think the greatest unwarranted risk we are taking is to allow regulatory bodies like the NFA parade on peacekeeping, moderating missions in the forex market.Brokers with a poorly regulated conscience can be barely regulated by the NFA or its likes. Moreover regulatory bodies are more of curative entities than preventive. What is the need of revoking the license of a broker who dupes his client a million dollars? He (broker) automatically licenses himself to a life of comfort: a license the NFA can’t revoke but only respect. AS SUCH FOREX REGULATION IS UNNECESSARY! [/QUOTE]
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