Pharaoh
Brigadier General
- Messages
- 20,320
Of course, if a broker goes under or disappears with your money, somebody goes to jail. Your money is still gone, and you lose anyway. And, no broker is dumb enough to steal money in that manner anyways. They steal your money by manipulating your MT4 accounts. Regulators don’t understand MetaTrader or the price feed structures to properly oversee this either.
I personally like knowing that if my money is stolen, someone will go to jail. I also enjoy knowing that if my broker is busted for using the VDP (as has happened to other NFA registered brokers), that I can expect to be refunded.
You posted on Friday. I don’t work on the weekends. Did you expect a response over the weekend?
Only if the question wasn't fully answered on a couple of prior attempts.
As I’ve previously said: we are not asking anyone for their business. I understand the FPA operates on a “Guilty Until Proven Innocent” mentality. I’m happy to accept that.
I prefer to think of it as "Trust, but verify first."