BRAWL (Brokers Rallying Against Whole-tail Lending) is a non-profit industry association established to raise awareness about and protect brokers from the risks associated with "whole-tail" lending. This practice involves liquidity providers lending capital to their wholesale clients (brokers), creating conflicts of interest and significant market risk. BRAWL's mission is to advocate for fair market practices, provide educational resources, and create a united front of brokers to ensure a more transparent and stable trading environment for the entire industry. It acts as an advocacy and informational body rather than a direct financial services provider.

Founded in

United States