The risks of forex trading (MODUL 6-9)

A good place to start checking the background of a forex firm or individual is NFA’s Background Affiliation Status Information Center, or BASIC. It’s available through NFA’s Web site and contains the registration and disciplinary records for individuals and companies involved in the futures industry. Although some forex companies and brokers are not required to be registered with NFA, BASIC is a good place to start to determine if a broker or company has any past industry experience.