Well said Magix and for the record this isn't just about fxcm this is about the retail trade as a whole. Does anyone really believe that if the US retail market dries up you will have the same spreads or broker options to trade!!! Its about profit and the trades generate profit if a 3rd of the trades dry up then a 3rd of the profit goes away. How will they replace it..... they will adjust the spreads or do as the other FCM's did and switch the focus back to institutional investors who trade higher volumes and make them more profit. As for FXCM they may have had their problems in the past just like FXDD and a host of others. They have rectified it and have had great service and the most competitive spread I have seen in a long time. My money stays with them. The focus here should not be on FXCM but more on how the retail trading community as a whole is going to fight for our survival. Wake up people the world is about to change.
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