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There are ways that a dishonest broker can skim profits off of your trade. One of those ways is by taking advantage of what can be up to a 2 minute gap between the time that you place your order and the time that you see the results on your platform. Second- the broker controls the price you see on your trading platform and there’s a custom made opportunity to shave profit from the transaction if the price moved before the transaction was posted back to your screen.
A full list of Forex brokers, who are registered with NFA. National Futures Association (NFA) is the industry-wide self-regulatory organization for the U.S. futures industry.