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Yohay

How To Act Against the CFTC 1:10 Leverage Proposal

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Yohay
, 01-17-2010 at 11:06 AM (802 Views)
[B]The absurd proposal by the CFTC to limit leverage in forex to 1:10 is causing anger. Here’s how you act to stop it![/B]

The CFTC is beginning to regulate American forex trading. In their initial proposal, there’s an idea to limit leverage to 1:10. High leverage is one of the key characteristics of forex trading. If this proposal is implemented, it will practically kill the American forex industry, as traders will move their business elsewhere.

Read the rest of the article about the [URL="http://www.forexcrunch.com/act-against-the-cftc-110-leverage-proposal/"][I][B]CFTC 1:10 Leverage[/B][/I][/URL].
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  1. PipSqueak2012's Avatar
    Wow..already on FXCM in the micro contest we are severely handicapped with the competition who have access to 400:1 leverage where we in the US have 50:1. How is it we parade around as the only true "FREE" country and yet we don't ACT like it?? I must at the same time admit that I've been thinking about trading with 25:1 to experiment with that...but Honestly once I get more in the black I want as high a ratio as possible . . not like maybe .. Antarctica (South Pole) may have reasons to not allow beginners to have a serious negative cash flow out of the country (as beginners) (I'm thinking do PENGUINS trade Forex??).
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