Problem is, this thread is about fighting the CFTC, not about how smart anyone is. PS. CFTC jurisdiction to regulate forex was challenged before and the CFTC lost the case in US federal court (Zelener case) , the federal judge indicating that OTC ...

Could 10:1 be the new leverage in US Forex?

Have you tried the demo? They say 0 to .5 pip spread....if you have a profitable scalping EA that this could be good. Do you know anyone that has used them?

Could 10:1 be the new leverage in US Forex?

I am done, you are right LOL, and wish you a lot of luck... can only "shut down any unregulated that deals in futures or options"....

Could 10:1 be the new leverage in US Forex?

I already did, they cannot regulate spot is in plain english...can only "to shut down any unregulated that deals in futures or options"....as the fool, (not so fool) states, there are others doing business unregulated...why don't you read the ...

Could 10:1 be the new leverage in US Forex?

I post it in plain english from NFA, I post an article from futures magazine from after the farm bill, the farm bill clearly states only "futures or options" and he still cannot understand it,,,cannot waste any more time than this. I am done, if you ...

Could 10:1 be the new leverage in US Forex?

You are wrong again...I am not picking out anything, I originally posted the whole document, but you could not find page 8 of the pdf file, you were reading margin on what is labeled page 8...I had to post it because you could not find it that's ...

Could 10:1 be the new leverage in US Forex?

Here you go, read below if you can read...straight from the NFA, page 8 of PDF file, labeled page 12, bottom left of page url PS. next time you try to put people down with your smart remark...be sure before you do that you know what you are ...

Could 10:1 be the new leverage in US Forex?

Nope, you need to go to page 8 of the PDF, which is labeled page 12 of the documetn,,,,bottom left of page....do I need to make a pic and post for you? "but the CFTC cannot adpot rules to regulate this transactions"

Could 10:1 be the new leverage in US Forex?

You are wrong again...this coming straight from the NFA, see page 8 (Page 8 of the PDF file, which is Page 12 of the document) at the bottom...only applies to forex futures and options...and they can only force to register companies dealing in ...

Could 10:1 be the new leverage in US Forex?

You are correct ""It really is surprising that people that supposedly make money trading don't even know the regulatory structure they work in"" and don't know the difference b/t spot and futures. Go figure

Could 10:1 be the new leverage in US Forex?

That is not correct...the bill says that if they are registered the CFTC has jurisdiction, it does not say that you are required to register Here is the bill url You are confusing fx futures with spot forex "It really is surprising that people ...

Could 10:1 be the new leverage in US Forex?

I dont believe so, do you have a link to that? "While the Obama Administration’s Aug. 11 blueprint for regulatory reform seeks to cover nearly all over-the-counter derivatives cleared, it does not include forex. CFTC chairman Gary Gensler and the ...

Could 10:1 be the new leverage in US Forex?

That is what think too. Reading about something that may happen does not a law make. If and when it happens, it may not be regulated by the CFTC, they have already admitted that they have no expertise with spot fx. Go figure.

Could 10:1 be the new leverage in US Forex?

Required by who? If it's not required by law then is not required. The NFA is not a governmental agency, these are trade groups, funded by the members who they are supposed to oversee, talk about a conflictof interest. Just because it makes a broker ...

Could 10:1 be the new leverage in US Forex?

Not sure you are right...there are currently only 14 U.S. retail brokers registered under NFA http://forexmagnates.com/survivor-%e2%80%9909-%e2%80%93-last-us-forex-broker-standing/ FXDD is not registered, and others, and are surely operating. And ...

Could 10:1 be the new leverage in US Forex?

I agree, if their regulations are geared to protect fx futures and not spot, as opposed to the FSA which provides more protection than NFA to retail traders, then what's the point. I say all coalition brokers quit the NFA and let's have some other ...

Could 10:1 be the new leverage in US Forex?

Meeting with commissioner url

Could 10:1 be the new leverage in US Forex?

Exactly, why are some people assuming that everyone is dumb and will leverage 100 to 1 if allowed....people trade different pairs that may hedge at times...this 10 to 1 when you consider that you have to leave some for SL etc. and what the declining ...

Could 10:1 be the new leverage in US Forex?

Because spot fx does not have an exchange, you can't count volume, only fx futures volume can be counted....tick volume is an approximation, how good who knows

USD/JPY Discussion

This is just so you can feel comfortable away from the TV video

Could 10:1 be the new leverage in US Forex?