Defending yourself in forex market in case of a broker’s misconduct episode 2

dmgmwenda By dmgmwenda, 22nd Aug 2011 | Follow this author | RSS Feed
Posted in Wikinut>Business>Investment

On episode two of what you should do to defend yourself , record everything always have a detailed journal tracking all of your transactions .you need to have evidence to argue your case. You may be a victim but without anything to back up you case .the feeling will remain just a feeling. The safest and easiest way to keep records is to take screen shots of each order you place each trade you take and other suspicious broker activities.

Defending yourself in forex market in case of a broker’s misconduct episode 2

On episode two of what you should do to defend yourself , record everything always have a detailed journal tracking all of your transactions .you need to have evidence to argue your case. You may be a victim but without anything to back up you case .the feeling will remain just a feeling. The safest and easiest way to keep records is to take screen shots of each order you place each trade you take and other suspicious broker activities.
Not only is this good trade journaling, but it will come in handy if have been victimized by an errant fill. By properly tracking the trades you take, you can assure yourself that you will always have evidence needed to support your case in the event that you file a dispute with your broker
Filling a legal action, if you cannot settle your conflict with your broker, then it is time for you to take legal action. Most brokers give in when faced with the threat of legal action, but if they do not, you can approach either the Commodity Futures Trading Commission (CFTC) or the National Futures Associations (NFA).
The CFTC has a Reparations program that provides an "inexpensive, expeditious, fair, and impartial forum to handle customer complaints and resolve disputes between futures customers and commodity futures trading professionals." You can check out their program.
Likewise, the NFA has an Arbitration/Mediation program that helps FCM's and their clients resolve disputes. For more information, just head on over to the NFA's website. Watch out for the final episode …. Coming soon

Tags

Forex Investment, Forex Market, Forex Trading, Forex Trading Tip

Meet the author

author avatar dmgmwenda
am a nature loving man,i have passion for photos and internet

Share this page

moderator johnnydod moderated this page.
If you have any complaints about this content, please let us know

Comments

author avatar Http://www.goodshopping.us/
22nd Aug 2011 (#)


Hello,

Send Christmas Gifts. Buy more to send. On this site==== http://www.goodshopping.us/ ,

good place for shopping, fashion, sexy, personality, maturity, from here to begin. Are you ready?

Air jordan(1-24)shoes $30

Handbags(Coach l v f e n d i d&g) $35

Tshirts (Polo ,ed hardy,lacoste) $15

Jean(True Religion,ed hardy,coogi) $30

Sunglasses(Oakey,coach,gucci,A r m a i n i) $15

New era cap $10

accept paypal or credit card and free shipping

====== http://www.goodshopping.us/ ====

Reply to this comment

author avatar Retired
22nd Aug 2011 (#)

good info...thanks for sharing....

Reply to this comment

author avatar femalemalls103
12th Jul 2013 (#)

Wonderful.

Share a website with you ,

( http://www.femalemalls.com/ )

Believe you will love it.

http://www.femalemalls.com/Michael-Kors-Handbags-n2447/

Reply to this comment

Add a comment
Username
Can't login?
Password