Comment for Proposed Rule 75 FR 3281
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From:
Lior Finkler
Organization(s):
Comment No:
700
Date:
1/19/2010
Comment Text:
i0-001
COMMENT
CL-00700
From:
Sent:
To:
Subject:
Lior Finkler
Tuesday, January 19, 2010 4:21 PM
secretary
Regulation of Retail Forex
Hello,
Trading currency with 1-10 leverage is impossible.
Currencies movement are quite solid. It moves around 1%-2% per day which is more solid
than US stocks like Microsoft.
People will be able to trade Forex with 1-100 leverage but not with 1-10.
Even prime brokers offer 1-33 / 1-50.
I think retail Forex should be able to offer 1-100 leverage up to $50,000 balance
Regards,
Lior Finkler - General
Manager
Supertrade
7 Jobotinsky St. Ramat-Gan 52520 Israel.
Tel: +972-3-5224848
I
Fax: +972-3-5224849
www.su pertrade.co, il
