forex software

Managed Forex

Commodity Trading Advisor
Always trade with a NFA registered company. Below is a table of current registered Managed Forex companies or CTA. Make sure any managed forex programs or managed accounts are fully outlined in the CTA Disclosure Documents. All managed forex accounts need to have signed and retained a copy of the Money Managers disclosure documents. If you have any questions if the Managed Forex Account being advertised is legitimate, search on the NFA's website to see if the company is currently registered. If they are not, the managed forex account will most likely end up lost to poor trading or purposely scammed.

    NFA Membership Totals
    As of May 31, 2006
    Total Membership 3,887
    Futures Commission Merchants 153
    Futures Commission Merchants/Commodity Pool Operators 10
    Futures Commission Merchants/Commodity Trading Advisors 7
    Futures Commission Merchants/Commodity Trading Advisors/Commodity Pool Operators 12
    Introducing Brokers 1,482
    Introducing Brokers/Commodity Pool Operators 24
    Introducing Brokers/Commodity Trading Advisors 106
    Introducing Brokers/Commodity Trading Advisors/Commodity Pool Operators 33
    Commodity Pool Operators 447
    Commodity Trading Advisors 733
    Commodity Trading Advisors/Commodity Pool Operators 870
    Exchanges 10
    Associates 53,178