Comment Text:
i0-001
COMMENT
CL-00038
From:
Sent:
To:
Subject:
[email protected] on behalf of
Marcin Pycko
Thursday, January 14, 2010 9:00 PM
secretary
Regulation of Retail Forex
Hello,
I as a trader am against the lowering leverage to 10:1. Already 100:1
is causing many traders - including myself - to have to
keep twice as much deposit in the brokers bank account.
I also think you should amend the 100:1 rule to allow 200:1 up to $25k
deposit and 400:1 up to $5k deposit
like some brokers did. Further limiting the leverage (which is not
really needed for brokers nor retail traders protection)
is really unnecessary.
best regards
Marcin Pycko
Madison, AL
USA