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Beginner Investing/Currency Trading
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Question
Hello:
Is it safe to use a currency broker outside of the United States? What do you recommend?
I thank you for your reply.
The NFA (National Futures Association) regulates foreign and commodity dealers. Make sure the company is registered with the NFA to avoid fraudulent companies. Also check to make sure (with the NFA) what the company's registration status is and how many complaints have been made against it. If it's not registered with the NFA, stay away.
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| Comment | Thanks for the reply and helpful information! | ||
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Beginner Investing
Answers by Expert:
Gina Boykin
Expertise
Financial planning, debt management & credit cards, stock investments, mutual funds, bonds, foreign exchange(forex), and saving money tips. If I don't know something I will do my best to research and give you objective and relevant answers.
Experience
Investing, financial advising/planning, saving money
Organizations
Atlanta Youth Empowerment Series
Education/Credentials
B.S. Degree and 10 years of experience in Accounting and Audit. 10 years experience investing in stocks, mutual funds, bonds, real estate, options, and forex
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