Comment Text:
i0-001
COMMENT
CL-04644
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Subject:
avik samanta
Sunday, January 31, 2010 7:01 AM
secretary
Proposed leverage for retail forex trading
Dear Sir/Madam,
I am a retail forex trader and recently came to know about this proposed leverage
change.This leverage change will badly affect us, the small retail traders who cannot trade the standard
lots in forex with the proposed leverage.
I know that trading standard lots without sufficient funds is extremely risky but, it can be obviated with
sound money management.However, if the proposed leverage is finalised, then, the retail traders like
me will be killed or forced to move accounts to brokers outside US and not affiliated to NFA,
Thanks,
Avik..
