I think most people are not freaking out. Unless you have a tone of money on FXCM. I understand retail trading is not systemic and the world is interested on things other than the demise of forex brokers. In my case i'm just trying to forecast what ...

Forex changed forever!

We may see 3 pip spread as the lowest on EUR/USD due to broker ownership repositioning.

Forex changed forever!

I hope you are right. Their problem seem to be with FX spot. They already poked retail traders with the last round of regulations. FIFO, lower leverage etc The rumors about leverage decrease and margin increase are circulating forums. Lets hope for ...

Forex changed forever!

Bloomberg terminal chats are not a reliable source of news but..... the gossip is that FXCM will be rescued over the weekend. The source is murky but the gossip is real. Time will tell!

Forex changed forever!

Ok funny boy!! I will pray you don't come here bashing regulators when you get cot with your pants down unable to trade. Assuming you trade at all

Forex changed forever!

brokers that are ok are the Market Makers. A MM offsets trades internally. They only go to LP in rare cases when the majority of their clients pile on the right side of the market. When you are margin called the MM wins the account you lost. They ...

Forex changed forever!

I'm trying to forecast is what the future will be for me as a retail trader. It took me a while to be where I'm now and I would like to just keep doing what I'm doing. How brokers will adapt to the new reality? And even more important. As the ...

Forex changed forever!

I'm trying to forecast not to predict. I don't think people grasped (yet) the magnitude of yesterdays events. Retail forex will change in such a way and people like you I think are not seeing it or plain sticking their heads in the sand. If you ...

Forex changed forever!

Thats correct. Only bucketshops MM can scape from an event of this magnitude. Their trades are offset internally and they only go outside for liquidity in rare cases. those rare cases are when too many customers are in the right side of the market. ...

Now we know who the market makers are...

I wonder if Draghi will delay actions the ECB would take. They may change the strategy all together. They want the euro to devalue but in a orderly way. If things go out of hand with the currency the whole EU project can come crashing down. We are ...

Forex changed forever!

The good news is that all 3 brokers in the news with solvency problems stated customers accounts are segregated and safe. Now we will see how things will progress. In a bankruptcy case there is a hierarchical order for money to be payed back. I ...

FXCM Discussion

Just in case they change their headlines later. let me register it here. The link is on my last post.

Forex changed forever!

They are in talks for a "rescue"!!!! I hope they can manage to get something. They are not insolvent it is just a liquidity problem. url

Forex changed forever!

It may be the case and we will have a "diaspora" of retail forex traders migrating to something else. Thats a shame, since brokers like FXCM and others evolved so much in terms of fairness to clients!! O love trading spot forex. I spent years ...

Forex changed forever!

The bulk of my money is with IB and by my researches they lost money but nothing terrible. Recently I closed my account with oanda and transferred the money to 3 other brokers. One of them is FXCM I always deal with multiple brokers. The main ...

Forex changed forever!

You know when there is a big fire and people burn a piece of land ahead of it, so the fire can stop there. The most popular theory around is that the SNB new Draghi would start a fire on the 22nd. So they went ahead and burned the land around them, ...

Forex changed forever!

I don't think so math. You could see profits in your account but you could not trade. Depending on your broker you still can't trade. I guess what you could experience is the problems large traders encounter. Large firms with billion dollar position ...

Forex changed forever!

I think people are still digesting the magnitude of yesterday's events!! What are the probabilities of a 4300 pip drop on a major pair in 5 minutes? 01-15-15 will go to the history and 300 years from today traders will study and talk about this ...

Forex changed forever!

I can see an opportunity for though regulation to pass. People are talking about a conspiracy to end retail trading, so now I guess we will see the truth. If they really want to end or severely reduce retail trading they have the best excuses.

Forex changed forever!

Global Brokers NZ Ltd was the first causality reported by Bloomberg yesterday night. ALPARI UK according to CNBC is insolvent. FXCM shares dropped from 17$ to little over 1 dollar this morning. Their shares are currently not trading and it seems ...

Forex changed forever!