The Forex Trader's Bills of Rights

In an unregulated marketplace, change can come only from the inside out: from traders who put their assets at risk --- not from entrenched interests who purport to control how this business is done.

Understand your rights. Then insist on them.

Exercising your rights as a trader will reduce your cost, eliminate much of the uncertainty and risk that need not be part of the process, and restore clarity and fairness to forex trading.

Table of Contents

Introduction
Why the Bill of Rights is important

1. Wagging the Dog

   The right to immediate, uncensored access to the marketplace

2. What You See is Not What You Get

   The right to trade real spot

3. A Little Knowledge is a Dangerous Thing

   The right to know

4. Timing Your Trade, or Trading Your Time

   The right to trade whenever you want

5. The Fallacy of Best Execution

   The right to equal treatment

6. Don't Give In or Give Up

   The right to choose and manage risk

7. Feeding Time at the Spread Trough

   The right to understand cost

8. Learning by Burning

   The right to learn on your own, or through free exchange with other traders

9. Getting Beyond Fairness to True Accountability

   The right to full disclosure

10. An Appeal to Your Self-Interest

    The right to pay and receive interest