Will regulations on the forex market ever be sufficient?

Discussion in 'General Trading Discussion' started by canoe, Apr 1, 2014.

  1. canoe

    canoe Active Member

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    I ask this not as a professional forex trader but as a noob. One of the biggest reasons why I was scared to move from US equities to forex was because of how many stories I heard about insider trading and brokers placing trades against you. Despite the existence of ECN forex brokers, I'm still hesitant. Is forex still worth trading?
     
  2. crimsonghost747

    crimsonghost747 Senior Investor

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    As long as there is money to be made, there are people willing to exploit the system. You can still make a profit, but just don't try to "win" against the big boys, you won't. Just concentrate on your own strategy and see what works for you.
     
  3. yossup

    yossup Member

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    No, they will never be sufficient because how on earth are you supposed to regulate the forex market? Yes you can regulate the brokers but the big boys won't be going through the brokers in the first place. They'll be going through the banks directly so you couldn't possible regulate the entire forex market. It's just the way it is. :(
     
  4. tinkerbell

    tinkerbell Member

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    The way it is run now, it needs much much more tough regulations. However, its decentralized state makes it really hard to implement regulations. If stock market regulations are anything to go by, it would probably take several decades before we can see meaningful changes or regulations in the forex market.
     
  5. BudFox

    BudFox Well-Known Member

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    You have to start in Forex knowing that you are up against big players. Once you accept that they you will start to trade with them rather than against them. As for regulation, why bother; at least it's a truly efficient market due to the massive amounts traded.
     
  6. healthandfitness

    healthandfitness Well-Known Member

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    The market will always have its flaws, but it doesn't stop those that have technical trading prowess and chart/indicator evaluation skill from winning with regularity.
     
  7. Determined2014

    Determined2014 Guest

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    They will never be sufficient, am sure about that.
     
  8. troutski

    troutski Guest

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    Regulations could increase in the future, but you'll never consider these regulations sufficient for the smaller investors. Basically, you just need to stick to your own investing and pay attention to your own growth. Ignore what the major players and brokers are doing for the most part. You'll run into far too many headaches trying to beat them or gain a real foothold in the market, as far as I'm concerned.
     

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