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Forex » Main Discussions » Experienced Forex Lounge » What should I do if I have a problem with my forex account?
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Old 07-25-2008, 01:37 AM
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Join Date: Jun 2008
Posts: 1,685
Exclamation What should I do if I have a problem with my forex account?

Disagreements are bound to occur from time to time in any
industry. Your first step should be to contact the firm you have a
disagreement with and try to reach a settlement. Both the CFTC
and NFA offer programs that may be available for resolving monetary
disputes involving your forex account. Whether NFA or the
CFTC can accept your case depends on several factors, however,
including the party your claim is against.
NFA offers an arbitration program to help customers and NFA
Members resolve disputes. Information about NFA’s arbitration
program is available by calling NFA at 800-621-3570 or
visiting the Dispute Resolution section of its Web site at
National Futures Association - NFA is a regulatory service provider for the derivatives markets.
The CFTC offers a reparation program for resolving disputes.
If you want information about filing a CFTC reparations
complaint, contact the CFTC's Office of Proceedings at
202-418-5250 or visit the CFTC’s Web site at U.S. Commodity Futures Trading Commission.
In addition, if you suspect any wrongdoing or improper business
conduct in your forex account, you may contact or file a complaint
with NFA by telephone at 800-621-3570 or online at
BASIC.
You may also file a complaint with the CFTC. The CFTC
has prepared a questionnaire form to assist the public in
reporting suspicious activities or transactions. The questionnaire
form is available on the CFTC’s Web site at
http://www.cftc.gov/enf/enfform.htm. You can transmit the
form to the CFTC electronically or by mail to CFTC, 1155 21st
Street, N.W., Washington, D.C. 20581.
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