No but that's the reason WHY as clients they did NOT choose to invest with companies regulated by the joke of CySec. And them investing in a firm regulated by a competent and relevant regulatory body like FCA is NOT conditional upon them accepting ...

Alpari UK bankruptcy update: 79 cents on the dollar

Well that's the problem. KPMG shouldn't be the winner. The ONLY "winner" here should be the clients because they were the ones who suffered the most and should be the one who's most protected, getting back what was theirs to begin with. I understand ...

Alpari UK bankruptcy update: 79 cents on the dollar

I thought the majority of the clients got their money back already through FSCS. KPMG sure knows how to make money, charging $200 per lunch as billable hours. Way to go, taking $15 million dollars for themselves. WHY should the fees come ...

Alpari UK bankruptcy update: 79 cents on the dollar

Actually you need to avoid carry a position overnight NOT just on Wednesday but any days STARTING Wednesday that includes Thursday AND Friday. Basically any period where the position will settle over a weekend, you will be charged higher swaps. So ...

Why do they charge triple swap rate on Wednesday?

Because they've got nothing else better to do. That's why.

SEC bans Broker-Dealers from retail forex transactions

Like I said before: Or get out of Belgium. Lots of nice places to live in Europe or move to Singapore, the best place to trade FX.

Breaking News: Belgium bans all leveraged Forex, CFDs

And those SEC "officials" are completely clueless about what they are regulating. All they know is banning leveraged fx trading. But I bet you if you go up to any SEC agents/officers and you ask them to define "leveraged fx trading" and describe WHY ...

SEC bans Broker-Dealers from retail forex transactions

It`s already here. IB just stopped offering leveraged fx trading to traders unless the trader is considered an "Eligible Contract Participant" (ECP). One of the criteria for being an ECP as an individual is that you have to have $10 million in net ...

SEC bans Broker-Dealers from retail forex transactions

By introducing a mandatory $25K minimum capital requirement for daytrading. Majority of the traders won't have that and hence no more daytrading.

SEC bans Broker-Dealers from retail forex transactions

Except spot FX and fx futures are TOTALLY different financial instruments and not really replaceable or interchangeable. You are in a foreign country NOW and need to spend and live on foreign currency NOW, what's good if somebody tells you I will ...

SEC bans Broker-Dealers from retail forex transactions

I know I agree. They claim that they are "protecting US traders" but what they are doing by forbidding US traders to trade with legitimate regulated foreign brokers is basically pushing US traders to trade with offshore brokers in countries with ...

SEC bans Broker-Dealers from retail forex transactions

Trade with brokers from UK then since UK is no longer part of EU. FCA is a much better regulator; brokers regulated by FCA UK are lot better anyway.

Breaking News: Belgium bans all leveraged Forex, CFDs

Forex trading is NOT and never was protected by the SIPC ANYWAY even if you continue with IB. So you didn't lose much there. Unlike the other financial compensation schemes by other regulatory bodies in the world, SIPC is VERY SPECIFIC. It only ...

Interactive Brokers - experiences and opinions

Oh saw somewhere else on FF that they do. Sorry about the misinformation.

SEC bans Broker-Dealers from retail forex transactions

Belgium is NOT a big player in the leveraged forex market anyway. Has anyone heard of a Belgian broker? Their loss.

Breaking News: Belgium bans all leveraged Forex, CFDs

Aussi brokers not accepting Canadian traders has nothing to do with IIROC. Nothing has changed from the IIROC SO FAR regarding trading with foreign brokers. That was purely some individual Aussi brokers' decisions. It's true Canadian traders face ...

SEC bans Broker-Dealers from retail forex transactions

Yes that is an issue that was/is amply discussed on FF in various other threads. This is what makes IB a true ECN vs the other STP brokers. Another broker that would allow you to be a market maker similar to IB is LMAX in UK and also most of the ...

Interactive Brokers - experiences and opinions