[B]It took the CFTC a lot of time, but they finally finalized their ruling for forex: leverage will be limited to 50:1 on major currencies, and 20:1 on minors. The [/B][URL="http://www.forexcrunch.com/act-against-the-cftc-110-leverage-proposal/"][B]pressure[/B][/URL][B] against the initial 10:1 proposal worked, but the industry will still change. American traders: Will you stay with your American broker?[/B]
In January, the forex industry was shocked with a proposal to limit leverage in forex trading to 10:1. Apart from traders comments, an [URL="http://www.forexcrunch.com/introducing-brokers-join-the-fight-against-the-cftc/"]IB coalition was formed to tackle proposed rules against Introducing Brokers[/URL], we saw also [URL="http://www.forexcrunch.com/the-fight-against-110-leverage-limit-has-results-keep-it-up/"]anger from Congressmen[/URL], and of course, forex brokers. This had fruits:
Read the rest of the article about the [URL="http://www.forexcrunch.com/forex-leverage-limit-50-1-will-us-traders-run-away/"][I][B]CFTC Forex Leverage Ruling[/B][/I][/URL].
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