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Retail Trading Capital Requirements

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  #1  
Old 24-02-2009, 21:48
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Default Retail Trading Capital Requirements

I have seen that another retail borker will be shutting their doors. Can someone post a link to the updated capital requirements for retail brokers? I'd be interested to see the numbers being required and the current numbers each retail broker has. Many thanks.
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  #2  
Old 24-02-2009, 22:39
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Originally Posted by noblehobo View Post
I have seen that another retail borker will be shutting their doors. Can someone post a link to the updated capital requirements for retail brokers? I'd be interested to see the numbers being required and the current numbers each retail broker has. Many thanks.
http://www.cftc.gov/marketreports/fi...fcms/index.htm
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  #3  
Old 02-03-2009, 16:12
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This is getting silly. soon there will be just a handful of brokers to trade with!
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Old 18-03-2009, 21:58
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Originally Posted by forexbandit75 View Post
This is getting silly. soon there will be just a handful of brokers to trade with!
Hopefully the ones that are left will be the ethical ones. LOL No MT4 plugins to delay execution and other dirty tricks. :D
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  #5  
Old 21-03-2012, 05:22
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Default Re: Retail Trading Capital Requirements

I trade in retail broker and all just find. Some loser trader are usually blame their broker because they have lost in their own trading.
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  #6  
Old 20-08-2012, 20:22
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Default Post-PFG Reforms Gaining Momentum

Two new developments in the last few days indicate that regulators are trying to get out in front of the safety of funds crisis that has gripped the futures/forex industry. However, these reforms may not extend to the retail forex market.

On Friday the National Futures Association approved a new rule requiring all Futures Commission Merchants to grant real-time, online access to FCM bank accounts. This rule is in response to Russ Wasendorf’s bank statement forgeries which had fooled regulators for 20 years. The language specifically references FCM’s and we are currently checking to see if Retail Foreign Exchange Dealers (RFEDs) will have to comply with the rule as well. FXCM’s position is that RFEDs need to be more transparent, which is why we also support a rule requiring all FCMs/RFEDs to fully disclosure their financials to the trading public.

The second development came last Thursday at a meeting in Chicago, as reported by the WSJ, in which the CME was reportedly “softening” its opposition to an insurance fund for futures traders. Again, however, no mention of extending such protections to retail forex traders was made.

While both of these development are positive, the negative aspect to them is that retail forex may very well be over looked. This is why we are strongly encouraging the trading public to contact the CFTC and leave comments about the need to further protect retail forex traders.
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