U.S. FXCM: YOU are (now) LIABLE for any Negative Accnt Balance | Page 2 | Forex Factory

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U.S. FXCM: YOU are (now) LIABLE for any Negative Accnt Balance

  • #21
  • Aug 4, 2015 9:06pm Aug 4, 2015 9:06pm
Jason, your response is very much appreciated. Lots of good information, thx. Maybe ill have to reconsider and look into you guys a bit more...
  • #22
  • Aug 10, 2015 6:28am Aug 10, 2015 6:28am
What about Non Us Clients?
  • #23
  • Aug 10, 2015 9:11am Aug 10, 2015 9:11am
Quoting Jason Rogers
{quote} FXCM offers negative balance protection of up to $50,000 per client through our UK and AU entities. However, this protection cannot be extended to US clients because of CFTC regulation 5.16 which states that a broker may not in any way represent that it will guarantee against losses. This rule applies to all US forex accounts.
  • #24
  • Last Post: Aug 11, 2015 12:53pm Aug 11, 2015 12:53pm
Quoting jgonzales
What about Non Us Clients?
FXCM's non-US clients can get negative balance protection of up to $50,000 per client through our UK and AU entities.
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