Comment Text:
i0-001
COMMENT
CL-06403
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Sent:
To:
Subject:
Marius
Saturday, March 6, 2010 4:43 PM
secretary
Forex leverage
Good Day
I think that changing the leverage in the Forex market from 100:1 to 10:1 would be devastating for the small investor. It is
the only market that someone with small funds can access with a reasonable possibility of making some money.
Of course, it requires that the person study this market like any other before they plonge into trying to make any money.
Fortunately all the brokers have a DEMO account that one can use to try their strategy without risking any money.
Instead, allow me to suggest that money be spent on information to the prospect Forex client so he knows that he has to learn
that business before risking any real money and that any broker be forced to enlist with the CFTC and any complaints be
investigated and with a certain amount of valid complaints the broker's license be removed. Almost all complaints I have
read on the internet are from people who know nothing about Forex, have no experience and thought that with a $100.00
account they could become very rich very fast, but they lost their $100.
Please do not remove our last possibility to invest in the market. That leverage is wonderful for us.
Thanks for your consideration and have a wonderful day
Marius Corbin
