Proposed NFA Capital Requirement - page 36

 
 
 
 

Fairly new broker

Forexsavior

Do you know anything about a brker named TradeView? It is part of the Rosenthal group, but that doesn't make it trusworthy. From what i have noticed on their demo platform, their server is not to trustworthy. It not only crashed on the demo, but it crashed during Non Farm Payroll the other day. Not a good thing. They claim to have a ECN like feed, but they are running MT$. I don't know of anyone that has successfuly done this yet.

 
Pipresponse:
Forexsavior Do you know anything about a brker named TradeView? It is part of the Rosenthal group, but that doesn't make it trusworthy. From what i have noticed on their demo platform, their server is not to trustworthy. It not only crashed on the demo, but it crashed during Non Farm Payroll the other day. Not a good thing. They claim to have a ECN like feed, but they are running MT$. I don't know of anyone that has successfuly done this yet.

Rosenthal Collins is a more well established firm and I am not too focused on these firms as the danger for fraud is much less.

 

New CFTC Numbers are Out

Here are the latest adjusted net capital figuress for U.S. based forex brokers:

www.cftc.gov/stellent/groups/public/@financialdataforfcms/documents/file/fcmdata0308.pdf

Above $20 Million

Oanda $163,000,000

FXCM $87,000,000

GFT Forex $76,000,000

Gain Capital $73,000,000

Interbank FX $28,000,000

I Trade FX $27,000,000

Below $20 Million

PFG $19,000,000

FX Solutions $17,000,000

ODL $14,700,000

CMS $13,900,000

GFS Forex $11,000,000

IFX $10,600,000

Ikon $8,800,000

Alpari $8,800,000

CMC $8,300,000

Friedberg Mercantile $8,000,000

Forex Club $7,900,000

Hotspot $7,700,000

MB Trading $7,700,000

Easy Forex $7,200,000

Money Garden $6,600,000

Bacera $5,500,000

Advanced Markets $5,100,000

 
 

I use FXDD because they aren't NFA registered. TYVFM. I guess it is time for me to find a new broker now that FXDD is getting NFA registered. I've read the NFA proposals and documents, the NFA is an insane for profit business. I'm tempted to crush the NFA for the good of the industry.

 
 

I noticed FXDD was missing from this list (are they not in New York?)...How much Capital do they have...anyone? I do not think they have over 20 mil...so their reg may be a non event.

ES

forexsavior:
Here are the latest adjusted net capital figuress for U.S. based forex brokers:

www.cftc.gov/stellent/groups/public/@financialdataforfcms/documents/file/fcmdata0308.pdf

Above $20 Million

Oanda $163,000,000

FXCM $87,000,000

GFT Forex $76,000,000

Gain Capital $73,000,000

Interbank FX $28,000,000

I Trade FX $27,000,000

Below $20 Million

PFG $19,000,000

FX Solutions $17,000,000

ODL $14,700,000

CMS $13,900,000

GFS Forex $11,000,000

IFX $10,600,000

Ikon $8,800,000

Alpari $8,800,000

CMC $8,300,000

Friedberg Mercantile $8,000,000

Forex Club $7,900,000

Hotspot $7,700,000

MB Trading $7,700,000

Easy Forex $7,200,000

Money Garden $6,600,000

Bacera $5,500,000

Advanced Markets $5,100,000