Comment Text:
i0-001
COMMENT
CL-08827
From:
Sent:
To:
Subject:
Calvin Lim
Monday, March 22, 2010 4:14 AM
secretary
Regulation of Retail Forex.
Hi, good day to you,
My name is Calvin from Malaysia. I'm just a very tiny retail Forex investor.
I had been observing to choose a more appropriate Forex trading company for myself last year from the countries nearby such as Singapore to Hong
Kong
and elsewheres.
Finally I found IBFX in USA this is the company where I have been trading with since last year, the key point which has attracted my interest in it is that
HIGHER
leverage ratio, prompt & efficient trading platform and good customer care system support. Of course, it is important that IBFX is based in USA too
because
most of the currency pair is versus USD.
Somehow-, later on the leverage ratio is reduced from 1 : 200 to 1 : 100 but I feel that it is still alright traded at 1 : 100 as this is the
situation whereby similar to my
first trading in Forex investment 14 years ago.
Unfortunately, and is very regreted to hear that you are going to reduce until 1 : 10; this is beyond my aftbrdability.
As we all know- Forex is the most liquidity investment in the world and its colateral (actually no colateral, the equity, it's solid cash) is substantial enough
to
back the existing 1:100 margin leverage. Unlike other derivatives instrument which has spoilt the USA financial market as well as world economy.., in
2009.
Hopefully, you can understand my mail as my English is not that o.k. Thank you.
Yours truly,
RIN 3038-AC61. (identification number provided by IBFX to me)
