Bloomberg article on how FXCM lobbied against a proposal to reduce leverage.
http://www.bloomberg.com/news/2015-0...-went-bad.html
The article is insinuating that, IF leverage was lowered FXCM would be in a better shape.
I kind of agree. I'm not against a reduction to ...lets say 20:1 or even 10:1
More margin will reduce the brokers overall risk but increases the client risk due to e bigger loss.
We are the weakest link so retail traders will end up with the worst part of the deal.
http://www.bloomberg.com/news/2015-0...-went-bad.html
The article is insinuating that, IF leverage was lowered FXCM would be in a better shape.
I kind of agree. I'm not against a reduction to ...lets say 20:1 or even 10:1
More margin will reduce the brokers overall risk but increases the client risk due to e bigger loss.
We are the weakest link so retail traders will end up with the worst part of the deal.
So, you think you have rights? LOL