swiss forex broker Finex - is it regulated?
I lack to open an account with Finex, but I can't seem to solve out if it is regulated in any way or not. Please refer to this link....
http://www.fxfisherman.com/forums/forex- metatrader/brokers-platforms/1926-nfa-fo rex-retailer-dead-pool-9.html
Some unregulated firms listed on this website... but for some calculate it doesn't include Finex. Can anyone build out if they are regulated?
Thanks a lot in advance.
The Following Swiss Forex Brokers are unregulated justifiable like Tradex Swiss
WestCapFX
ACM
MIG
DukasCopy
GFX Collection (Forex.CH)
Crown Forex
Thanks
Indeed, the "Spot Forex" demand is still unregulated in the US.
The NFA and CFTC regulate the "Forex Futures" customer base and they are beginning to make inroads in publishing "recommendations" that will in the last help corral the players in the speck Forex market.
When looking at international Forex brokers many traders heed the financial strength and political reliability of the particular country as a key element.
Switzerland is certainly a provinces that has traditionally been known for its financial firmness and strong banking industry even in times of worldwide unrest.
Many international Forex brokers will not up US clients because they choose not to comply with some of the onerous reporting and access laws of the US requiring them to furnish data on their clients while they would prefer in place of to keep their clients information confidential.
I'm grim., I got off your topic a bit. I have found a number of good reviews on Finex but I have not seen anything about them being "regulated" or not.
Beneficial luck.
Paul


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