Hi All,
Have been searching for about 2 weeks for another (3rd)broker. Had been awhile since I've had to do this. As I have been searching, by reading posts, contacting ''brokers'' and all the research.....A question has crept into my mind.
Why trade OTC vs Regulated??
I'm looking for some feedback from experienced traders with LIVE accounts. ( No offense meant to newbies with demo accounts, hopefully, if you are reading this, you will learn along with me ) Seeking some feedback from those that have been in the Trenches, and will leave their thoughts as to why they choose the OTC route vs. the Regulated routes, or vice versa. I'm very schooled into the pros/cons of both....yet am "stuck". So I have decided to reach out to the FF community.
THX to all whom chose to share
Hopefully this has not been discussed in detail and I've not found those posts...if so, Please send the link. Seeking the posts to be up to date ( not stale ) also. I've emailed FF directly regarding FF's criteria for "preferred brokers" that They have listed, no return reply as of this date. Thx
Have been searching for about 2 weeks for another (3rd)broker. Had been awhile since I've had to do this. As I have been searching, by reading posts, contacting ''brokers'' and all the research.....A question has crept into my mind.
Why trade OTC vs Regulated??
I'm looking for some feedback from experienced traders with LIVE accounts. ( No offense meant to newbies with demo accounts, hopefully, if you are reading this, you will learn along with me ) Seeking some feedback from those that have been in the Trenches, and will leave their thoughts as to why they choose the OTC route vs. the Regulated routes, or vice versa. I'm very schooled into the pros/cons of both....yet am "stuck". So I have decided to reach out to the FF community.
THX to all whom chose to share
Hopefully this has not been discussed in detail and I've not found those posts...if so, Please send the link. Seeking the posts to be up to date ( not stale ) also. I've emailed FF directly regarding FF's criteria for "preferred brokers" that They have listed, no return reply as of this date. Thx
Proper Prior Planning Prevents Piss Poor Performance