Four Forex Brokers Cease to Exist

I missed this on Friday but the NFA announced that four forex brokers ceased operations due to the $5 million capital requirement.  They don’t announce which four.  I noticed an "Under Maintenance" page from Direct Forex which had reported to the CFTC in November but other than that, there’s no for me to know at this point.

It’s definitely not GFS Forex and Futures which have a note on their website stating they received a $6 million capital infusion.  So they’re fine for now. 

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