Retail traders have been scared for a while about regulators changing rules on the very unregulated forex market. Some of the gossips go from, minimum of 10,000 $ account if you want to trade, 5 to 1 leverage, and even making retail forex trading ...

Forex changed forever!

The bucketshop MM model is the best for the MM not for the client. MM offset trades internally and only go to LP if their internal offset overflows. In a situation like yesterdays, they can easily confirm margin calls WHERE THEY WIN !! While ...

So... it turns out that Market Maker models aren't that bad

It is obvious that the Swiss bank was pissed about something. Maybe the IMF or the ECB tried blackmail them.

EURUSD

The sad part is that the bucketshop brokers will profit from it. Since they use a internal accounting to offset trades and pretty much no LP, they can sort it out on their books. The margin calls will be their gain and customers gains will be ...

FXCM Discussion

First known causality from the SNB is .......... Global Brokers NZ Ltd....which is closing its doors due to losses from today's Forex moves. url

FXCM Discussion

Without being familiar with brokers fine prints, I would say again that if your broker got screwed by their LP they will try to go after you. Now if they will get money out of their customers is another thing. I hope I'm wrong, but I see a lot of ...

IC Markets margin call

It is still too soon to trade it, but I really believe the EUR/USD is at, or near bottom. It may be the reason why the SNB ended the peg. Because they will not need it anymore. Next thing may be Draghi announcing a big QE, a quick new low and the ...

EURUSD

I'm not familiar with SL fine prints, but it is possible for a customer to be liable for a negative balance. depending on your country the broker may have the right to take this out of your butt!!

IC Markets margin call

I would not just " assume" they will do the fair thing. What I'm more curious about is their new model " non dealing desk " which some brokers claim to use. I'm suspicious about it as just a marketing thing. But if they really send their trades ...

The CHF tsunami - 15 January 2015

Stop Losses work on regular market conditions. Which is not the case here. If your SL triggers a buy for CHF to get out of your short at a certain price but nobody is willing to sell at this particular price guess what? What if the next quote is ...

The CHF tsunami - 15 January 2015

I don't know!! The 3 obvious possibilities are: 1- Your broker eats the losses 2- They come after you to make you pay for it. 3- They go bankrupt. It all depends on the "fine prints" and the country you live etc...etc

IC Markets margin call

The Euro may bottomed here today!! It may be a historical moment folks!!

EURUSD

Because they can't. There is nobody selling CHF so the next quote gaps thousands of pips above it. I don't know how brokers will deal with it.

IC Markets margin call

Well, SL and TP can only be fulfilled when there is a market for it. If your SL triggers a buy for the CHF at a certain price but the market is selling 2000 pips above it, or not selling at all.....GUESS WHAT !! Same for TP. You may saw a ...

IC Markets margin call

Well, SL and TP can only be fulfilled when there is a market for it. If your SL triggers a buy for the CHF at a certain price but the market is selling 2000 pips above it, or not selling at all.....GUESS WHAT !! Same for TP. You may saw a ...

FXCM Discussion

So guys...tell your experience with FXCM today. Which such a massive move on EUR/CHF did the stops hold? And if yes how much slippage?

FXCM Discussion

Gosh!! The drop on the Euro Swissie may be the biggest in history I remember big moves on the beast and other pairs around 2007 due to the carry trade unwind. But this one here ....gosh !!

EURUSD

In other words...... We retail traders don't actually take part in the Forex market. We trade through a proxy just like people did in the 1900s buckshops. Fancy names like NDD are just for show and tell. It is just a virtual market for us and the ...

FXCM Discussion

Hate? Where did you see hate on my post?

unable to withdraw from oanda