Comment Text:
i0-001
COMMENT
CL-03699
From:
Sent:
To:
Subject:
FE
Monday, January 25, 2010 5:20 AM
secretary
Regulation of Retail Forex
Hi~
I am a 27 year old trader from Germany, trading forex now fulltime since 2002. i really think the idea of
limiting trading leverage to 10:1 is just moving all small forex traders like me out of the market.., and
this is a huge advantage for big market participants like banks and hedgefunds, i agree a leverage of
200:1 is total nonsense.., most times even 100:1 is nonsense.., but... 75:1 or 50:1 is just necessary ! 10:1
leverage let small traders like me no other choice.., if this is going to happen, i have to close my account
in the U.S.
Kind regards
Frank Engling
FE
