Comment Text:
i0-001
COMMENT
CL-07046
From:
Sent:
To:
Cc:
Subject:
Supriya Dey
Friday, March 12, 2010 9:46 PM
secretary
[email protected]
Regulation of Retail Forex
RIN 3038-AC61.
It is to inform you that I come to know from FXDD that you are changing the leverage into 10:1 maximum.
I say No.
It will not be good for small traders whose trade power is very low.
The forex market is more comfortable, compare to the country's and international stock and future exchange.
As the cost of data, real-time software, News which are so costly that the small traders can't afford. So their
last and only choice of trading is forex market where brokers give the above service at free of cost.
by the way forex trading is not so much popular as stock and future in the all corner of the world. So this type of
decision from CFTC
will kill the this trading industry growth.
