Yes but what I am saying is Philip Capital is NOT the one to call if we want an exchange to trade foreign currency on. It's organizations like CME, Reuters or Bloomberg, organizations that CAN and (actually DID already make it happen in history ...

Phillips Capital | First Retail Forex Exchange in US?

If you want something that is closer to a true ECN, you should try IB. IB is still offering leveraged forex trading to small-capital investors in countries outside of US. Global Prime, at best, is a hybrid STP broker where it selectively chooses to ...

Phillips Capital | First Retail Forex Exchange in US?

I don't know WHY FXMS closed down though. According to the Wiki article, it seemed that they had EVERYTHING covered, speed, efficiency, centralized clearing AND anonymity which was a BIG issue aka excuse used by the "Big Banks" to not having spot ...

Phillips Capital | First Retail Forex Exchange in US?

Ok time to put you on "Ignore". This is getting ridiculous and pathetic.

Phillips Capital | First Retail Forex Exchange in US?

But then we will be paying exchange fees, market data fees and whole new set of fees on top of commissions to the brokers who will be just doing order-matching just like when we trade futures or stocks.

Phillips Capital | First Retail Forex Exchange in US?

Now we are getting somewhere. FXMS (FXMarketspace) url would be something that not just retail traders but ALL spot foreign currency traders are looking for, a true global central exchange for spot foreign currency where all currencies are traded ...

Phillips Capital | First Retail Forex Exchange in US?

We might be living in the Matrix (and actually it's NOT true. We DO know the merit of having REAL foreign currency exchange - it's so ironic that forex the word itself stands for foreign exchange and yet the actual "foreign exchange" is traded OTC ...

Phillips Capital | First Retail Forex Exchange in US?

I thought you are taking a year off to work on your trading system. You finished so soon???!!!

Phillips Capital | First Retail Forex Exchange in US?

I thought you are rallying everybody to have Philip Capital to build a glorious Retail Forex Exchange for everybody. What's this trading contest? LOL If you are so keen on having a Retail Forex Exchange, why don't YOU build one? Since you obviously ...

Phillips Capital | First Retail Forex Exchange in US?

Don't be fooled by what this idouble creature is preaching. The MOST Philip Capital will and can establish is just another ECN with the least amount of intervention when you send an order to them and the brokers just earn a commission by matching ...

Phillips Capital | First Retail Forex Exchange in US?

My money is on Futures brokers since they are the ones who's paying dues to CFTC/NFA. CFTC/NFA have in the past passed numerous regulations numerous times against retail forex to make it to be more "equivalent" to futures, decreased leverage cap ...

Phillips Capital | First Retail Forex Exchange in US?

You are just taking advantage of the loophole on FF there has to be an existing business or money-making incentive for any promotional material to be considered "Commercial Content" but in fact all you are doing is promoting just one broker. Having ...

Phillips Capital | First Retail Forex Exchange in US?

Tell your boss Philip Capital to come back with a Forex Exchange like LMAX in UK did and membership will flow in I guarantee you. No need for us to phone up Philip Capital one by one. And no need for this personal attack. We are all carrying on this ...

Phillips Capital | First Retail Forex Exchange in US?

This is just one big advertisement for Philip Capital. IF Philip Capital REALLY want to establish a true Forex Exchange for retail traders, it would've first approached all the institutions and the white labels to get the liquidity and volume for an ...

Phillips Capital | First Retail Forex Exchange in US?

This is just one big advertisement for Philip Capital. IF Philip Capital REALLY want to establish a true Forex Exchange for retail traders, it would've first approached all the institutions and the white labels to get the liquidity and volume for an ...

Breaking News: CFTC charges FXCM with undercapitalization

Philips Capital should team up with Interactive Brokers who was also ousted by SEC from being a retail forex broker to small investors to form a Retail Forex Exchange. But like I said in the other post, without the institutions on board, there is ...

Phillips Capital | First Retail Forex Exchange in US?

And Philip Capital does not even deal with Canadian residents and nor does Nadex (your previous marketing) so it's hardly close to what retail forex industry is offering which is a global financial instruments with traders from all around the world ...

Breaking News: CFTC charges FXCM with undercapitalization

This is what Retail Forex traders have been lobbying for YEARS, a TRUE Forex exchange where everything is traded on an central exchange with brokers just doing order matching like other financial instruments. The problem is NO institutions are ...

Breaking News: CFTC charges FXCM with undercapitalization

Canadian traders excluded? Goodbye!!

SEC bans Broker-Dealers from retail forex transactions

My curiosity exactly especially that CFTC complaint just HAPPENED to be right after the SEC banned leveraged forex trading. hmmmnnn...

Breaking News: CFTC charges FXCM with undercapitalization