It all depends on Joe and what he is actually serious about. The dude has been everywhere and he has trouble picking one direction and actually sticking to it. But I know this, reconciliation will lead to ^, bipartisan compromise will lead to v

It's relatively easy to simulate slippage in your system. Just subtract pips per trade execution based on current price velocity to get a more accurate result.

Thanks Xela! Cleared up my confusion.

There is absolutely nothing wrong with high leverage. High leverage lets us put small amounts of money without having to liquidate other investments but still make large positions. For example, what's the difference between a 500K 1:1 leveraged ...

It's users like the OP which is causing the NFA to come down on us all like we're school children. Look - if you're going to put money into forex make sure you know what you're doing, otherwise you're going to ruin it for everyone else.

Some people are a little upset about the fact that they had take profits that didn't trigger because their accts were out of commission. I wonder how they undo transactions where people realize the profits and then go scalping for a couple of hours. ...

I like how you're trading on Oanda after talking so much smack about it in this thread. You're as inconsistent as your pedigree.

Didn't you say that this new rule would be just 'business' as usual? Oanda is adjusting winning trades downwards - totally ignoring the NFA. They didn't even provide a 15 minute notice!

Crosses are actually when your home currency isn't involved.

Hey Ash, I was going to email Saxo and ask them for their side of the story. let me know if that'd be OK with you.

Yeah, I've scoured their forums for people complaining. There are usually just posts about how they were made good.

See two messages previous

Sadly, I don't think these rules are the same over. Do all brokers have to face them? Seems like the NFA is really coming down hard on forex brokers here. I guess there's been a lot of complaints similar to Ash's. I'm just waiting for the massive ...

Actually, I think in the US, with an ECN they're allowed to revert trades that are mistaken, while dealing desks are not. It's the new rule. url CR 2-43(a), Price Adjustments1 Q. Section (a)(1)(i) of the rule provides an exception from the ...

Hey Ash, not to say you aren't credible (10v+ / 2513 posts), but you know these are pretty heady claims to be making against the reputation of a large corp. Can you let us know the timestamps/pairs of the pricing error? Thx

Any interactive broker users concerned about the move to 1.5:1 leverage? — Surprised there hasn't been more discussion about this. Finra has submitted the rule on 1.5:1 leverage url And here is IB's reply url

Any concern that as a FINRA governed broker, they're only going to be allowed 1.5:1 leverage? url Here's IB's complaint about the new policy for those who are interested: url

Hmmm .. url url "Two providers of trading services – US options exchange International Securities Exchange (ISE) and US-based online market-maker FX Solutions – have extended their foreign exchange offerings. ISE has expanded its suite of FX ...