Comment Text:
i0-001
COMMENT
CL-08122
From:
Sent:
To:
Subject:
Robert Tay
Wednesday, March 17, 2010 2:52 AM
secretary
Objection to low leverage requirement
Dear Sir / Madam,
I am a trader who has an account with IBFX. I am now trading with 1:100 leverage with IBFX and 1:200 with FX
Pro. I would like to voice my objection to the new ruling to reduce the leverage to 1:10 which greatly reduce my
appetite to continue to trade forex with brokers who are not able provide high leverage. In addition, with low
leverage, trader may find it more attractive to trade other financial products. I hope you can consider our voices
before making the new amendment. Thank you.
Regards,
Robert Tay
