Comment Text:
i0-001
COMMENT
CL-05787
From:
Sent:
To:
Subject:
Cheikhou Fall
Wednesday, March 3, 2010 8:39 PM
secretary
Regulation of Retail Forex
The move to regulate the Forex Retail Market is more than welcome.
The small capital required to start off along with the high leverage create an illusion of simplicity to
make it for low income earners while it's a far cry from reality.
The minimum capital to open an account should to be raised to $2,500 or $5000 like in the equity
market so as to deter most potential victims of this lion den trap.
The only figure that is rocket scientifically true is this business ": only 5% traders will make it vs 95%
losers.
A member of the latter club
