Originally Posted by ;
When a forex Brokers go awry or Bk in Australia, there is no recourse of getting deposits backs... maybe 20, 30 cent per each dollar but not 100% following Regulators stop the Broker from operating. [/color]
RMs and amateurs of Australian brokers have clear instructions about the best way best to operate and there is a private responsibility on them to report breaches of license conditions or the law to ASIC. The lines drawn by ASIC are intended to stop the broker from operating when those lines are crossed that gives considerable margin for error significance a broker...