do you search your company under NFA or SEC before you accept the offer?ST
So share your experience on this Monkeys!
We all know that a lot of prop shop or FX dealers/brokers are as secretive as they could be and they are usually small business with less than 10 ppl! how do you evaluate a job offer without getting yourself into some ponzi scheme business? especially in the FX markets?
FX markets is the most liquid money markets and it is as not regulated as you could ever imagine! Many brokers are not even registered in the States, assuming they want to hide from NFA, or SEC. However, since it is an intl market, they can register anywhere they want, e.g. British Virgin Islands!!
Above are my personal opinions. Correct me if I am wrong and any thoughts on that are highly appreciated!