It took the CFTC a lot of time, but they finally finalized their ruling for forex: The pressure against the initial Will you stay with your American broker? In January, the forex industry was shocked with a proposal to limit leverage in forex trading to The new rule by the CFTC allows a leverage of up to Also in Japan, the limit is This is less than the classic The rule will go into effect on October 18th. Despite the lower limit, this will still impact the forex industry. He also finds another interesting point:.

Will traders flock out of the US and go with foreign brokers? After taking a short course about forex. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. I have a B. Given this background, forex software has a relatively bigger share in the posts.

And in my opinion still high. It is a very sensible decision. They got it exactly right. I dont think US traders will run from this decision. The CFTC is gonna keep coming back with more and more and more and more restrictions to forex.

Forex Leverage Limit Forex Crunch — Investor Winner. My broker Oanda already has a It will probably protect a lot of newbies from themselves and prevent some of the more shady brokers from taking advantage of them. In Vegas there are a lot of gambling addicts. We had the same problem years ago in Slovenia. Being educated about all stuff is your benefit. I already moved all of my Forex accounts out of the US and over to Foreign accounts when the US forced If they ever force me to use only US brokers, then I will be forced to leave the country I was born in.

This country is going down the tubes very quickly…. This is just another way for the rich to get richer and for the elimination of the middle class.

So, with lower leverage, I would have to have a larger account more money at risk to cover my trades and therefore would loose a lot more money if I make bad trades. This new rule is just really stupid. What broker have you moved to, I am trying to find an option that offers higher leverage and phone customer service.

Spot on Bob, spot on, higher leverage does make for safer trading!!! I already ran away, moving my account to the UK. Now it seems that the CFTC will pull the plug on that too.

As for those that think Soon, the only safe haven will be a seat at the blackjack table in Vegas. I have been scouring the net for answers regarding whether this option will still be available and no one seems to know. Do you have any info you can share? Keep List Building And Keep Searching For List Building Secrets Marketing Blog. Many foreign brokers are laughing at the CFTC and remain perfectly willing and happy to serve US clients.

What incredible arrogance our government has thinking it can force its views on the world, as we entire the twilight years of american hegemony. Are we going to declare war on Australia or Mauritius over forex brokers? Forex Articles for the Weekend — September 4 Forex Crunch. BUT for carry traders who are interested in the daily swap, leverage is crucial. I just hope the idiots from the US CFTC dont influence overseas people into placing restrictions on leverage. Is it not just simple simple math; half your leverage means you double your position?

Self satisfaction or failure is alway so much more gratifying. I had 1 great trade with my Austrian account with IBFX, to day, sep 7,10 then I got an e-mail, that thay was disabling it, I call and asked why, The Dodd, bill.

They will not allow us, to citizens open accounts. Yes, that is right, and most likely, FXCM will follow, I have not heard from them, but most likely they will. Democrats have to be the dumbs people on the planet, how can you change the economy by penalizing the rich? It will not work, big money will always control the world, when the dems, tries to get back at the rich, they only heart the small man.

The rich love it, Jobs is what you what, Oh yes jobs is what you will, get, We will how to use adx indicator for day trading you your hearts desire and keep you Just, Over, Broke, and be are slaves!!!

Obama, is not helping the people he is hurting the people. And cftc forex leverage dims our to stupid to see it. IBFX and FXCM both have a US value of goods taken from trading stock for private use 2016/12. I just got this email from my Australian broker. Following a number of enquiries relating to the new CFTC regulations regarding Forex, we would like to clarify GO Markets position on these regulations.

We have interpreted the Dodd-Frank bill to mean that we can still offer the same, great trading conditions including full hedging capabilities and up to Forex Crunches for the Weekend — September 11 Forex Crunch. They have a I will not be leaving the US for a new broker. It is times like this when you will get burned.

RicL — The The biggest problem I see is that offshore brokers like FXCM UK at least stored trader accounts as segregated accounts so that your money was safe in the event of broker bankruptcy. Accounts in the US are not segregated. This is what pisses me off, not the leverage reduction. Forex Articles for the Weekend September big w stockland jesmond opening hours Forex Crunch.

CFTC Babysitting Traders Forex Crunch. You can still get I don't know anybody crazy enough to actually use that including mebut you can still do it. I was content digital binary options pricing model That's more than sufficient for my needs.

Gain announced they're reducing my account to Wire transfer instructions issued this morning. Decided to go a bit early in case I get trapped in positions during the leverage change unlikely but possible!

My accounts so far have been based in USD down under, but I think for the longer haul AUD seems a much better bet. When I first visited their country it only bought 80 cents US.

Forex Links for the Weekend — October 9 Forex Crunch. The obvious plus side is lower leverage actually increases carry-trade overnight commisions for the account in question.

OANDA Deems CFTC Leverage Proposal Unfair and Non-Competitive | OANDA

You can go around thhis with two accounts but instead of zero margin, now you have 2x the margin. Hedging is a safety move, so removing it increases ths risk. Is that protective of the trader???? Forex Articles for the Weekend October 16 Forex Crunch.

As some pointed out previously, the new leverage rules actually increases risk to traders capital. Traders will always seek to maximize profit and minimize loss by minimizing risk. The more you have to put up to cover a trade, the greater the risk.

So obviously, many accounts will flee to countries that wecome free enterprise. Apparently Americans are not responsible enough to handle their own money and need to be protected from themselves. That seems to be the opinion of the US government and supported by all parties. Capitalism in the US died years ago — actually it morphed and move — to Russia and China.

How To Get Ready For The New CFTC Rules Forex Crunch. Oanda — Most Profitable US Broker Forex Crunch. Traders will most definitely run.

I was about to deposit some money with a US broker, but after finding out about this ruling… I ran. And so will many others. LOL What a crock of cow dung.

How inappropriate and misguided. Maybe we should just call the CFTC for what they truly are… another branch of the Gestapo. Gain Capital announced they were repatriating my IRA forex account to the US. When al qaeda flew jumbo jets into buildings I had trouble understanding their rationale, futures trading no minimum now I certainly understand it if not actually support it.

Our government has gone off the deep end attampting to police the world financially and in every other way. Does anyone know of a good fx broker outside of the US that will accept US residents?

Lower leverage means I need more cash options trading 101 theory application pdf risk to trade. I would appreciate any recommendations. Due to the new CFTC regulations we can no longer accept account applications from retail clients who are residents of the United States of America. Well, it is obvious at this point that the real intent behind these regulations is to keep poor people from getting rich.

To those who have a lot of money, If these kinds of regulations continue, I can honestly see another major revolution occurring. Then the civil war will break out again. Actually, even bigger folks have problems with it! And remember, there are no segregated accounts at US brokers, so if the broker goes BK as Refco did, you take a number in line at bankruptcy court with the unsecured creditors.

Did you know that? Beautifully written, and it seems applicable today to the relationship between US Citizens and their abomination of a government.

CFTC proposal to cut Forex leverage to

Not the govts fault. Same thing happened when Rubin beat Clinton up for 4 years to get rid of the Glass—Steagall Act and Clinton gave in, figuring Rubin was honest and it would put US banks on an even playing field with the foreign conglomerates. Well the Rubin went to citi brought travellers and the rest is history!

Rubin cashed in that year or so for a cool million from Citi.

CFTC settles on leverage for retail FX | Futures Magazine

Why are US Bankers far more corrupt than Euro or Canadian Bankers? DBFX and CITI etc still have to 1 lev. Forex Brokers to be Exempt of Dodd-Frank Rules?

Well what about the established traders? Are the newbies all that matters now? Besides, just because you have It should still be available for those who know how you use it to their advantage. Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.

Foreign exchange Forex trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader's level of experience should be carefully weighed before entering the Forex market. The high risk that is involved with currency trading must be known to you.

Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch's authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur.

Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such information.

Here Is Why Further Downside Is Likely Limited From Here — BTMU US existing home sales slightly beat with 5. About About The Team Contact Us Tools Forex Tools Tips for Forex Traders Basics Forex Conventions Forex Software News Forex News Opinions Forex Industry Forex Bits Daily EUR USD Daily Daily Outlook Weekly Forecasts EUR USD Forecast GBP USD Forecast AUD USD Forecast Major events USD JPY Forecast USD CAD Forecast NZD USD Forecast Live Calendar Subscribe. By Yohay Elam Published: Aug 31, May 11, He also finds another interesting point: From October 18th, the US forex industry will change.

Next Article Forex Daily Outlook — September 1 Jun 21, 0. This country is going down the tubes very quickly… This is just another way for the rich to get richer and for the elimination of the middle class.

If someone wants to jump off a cliff, so be it. Its a decision of self. Leverage is CRUCIAL to the success of retail forex. What can we do? Not a thing, I miss Bush!!!!!!! Yes Just keep making those regulations, that keeps money in our camp. Dear Client, Following a number of enquiries relating to the new CFTC regulations regarding Forex, we would like to clarify GO Markets position on these regulations.

We will continue to keep all clients informed on the matter. Regards, GO Markets Pty Ltd. Render Unto Caesar…says it all in my opinion. Then say goodbye to your U. Broker and close your accounts out and go offshore! Sick and Tired One. What has come to this country? To quote from the declaration of independence: Read More Launch DataFlash.

Useful Links About The Team Contact Us Advertising Forex Calendar Event Forex Tools.