As of January 31, 2015, retail FX customers in the United States will no longer be able to fund their accounts by credit card as the NFA’s proposals have been accepted by the CFTC, with deposits by electronic methods such as Paypal also excluded. Bureaucracy can be regarded as a positive or negative thing, depending on the outcome and length of time that it takes an organization to reach said outcome. In the case of the United States’ financial markets regulatory authorities, it has taken over a year and a half to effect a ban on the funding of retail FX accounts by credit card. A matter that was first proposed by ... (full story)