Comment Text:
i0-001
COMMENT
CL-07508
From:
Sent:
To:
Subject:
Traderfrank
Sunday, March 14, 2010 5:52 PM
secretary
Re: $10,000 Margin
Dear FXDD,
I guess the little guys are going to be cut off again. I thought I lived in an inclusive country where you could start with a small
account and move up as you gained more experience. What has happened to the "American Dream"? A $10,000 margin means that
you'll need $50,000 to trade five Lots. With $10,000 you could only trade one lot, and if your account dips below the margin just for a
moment, your current trade is closed out automatically AND YOU LOSE!
Who is behind this move cutting off millions of small traders throughout the world? Is it Institutions, big traders, banks, etc. The
reason the Forex market is SO vibrant, is the presence of these small traders. I SAY A PROFOUND NO TO THIS PROPOSAL!Frank
