Hilmy: what are the commission with a premium account, and how much do they rebate?

Drew Niv out at CEO of FXCM, company to change its name

If you are an U.S. resident you do. Everyone else can use the UK or HK subsidiary with a 10K minimum, like before this stupid SEC decision.

OANDA Discussion

$50 is rather steep. At IB its $20 per million USD traded.

OANDA Discussion

You only get a very narrow view of FX orderflow, if you only look at futures, and spot flow information is not accessible. Futures are a derivative of spot, and obviously have to follow spot very closely due to arbitrage (safe for the at the moment ...

FXCM Discussion

That might earn him the "Commercial" tag..

Pepperstone suspends Forex trading in the UK

Forget about awards, some outright sell them, most are only about who gives the most sponsor-dollars.

Bogus Forex award or legit?

Jason: will you be moving to London then?

Where Are You Trading Forex Now

The formal criteria by Mifid are pretty steep but you may be able to opt in. But i dont know for sure. Just ask. You can read this (elective professional client): url

which broker should I go for my 100k deposit

If you are classified as professional trader, they will not mark up the swaps. That is because for retail they have to keep all money in trust accounts, and they have to finance client trades out of their own money. Money from professional clients ...

which broker should I go for my 100k deposit

In Canada its the same like in the USA, only Canada-licensed brokers are allowed to accept canadian residents. UK brokers like lmax wont work (only for institutional accounts). There are probably some in the caribbean or other remote islands who ...

which broker should I go for my 100k deposit

Why dont you go ahead and start? This information isnt available to the public except for brokers who are publicly traded companies. The NFA report is useless for this, since they only have data for the american branch but nothing on oversea ...

Number of clients per broker and amount held in funds

But what if they just call it quits and take off with all the customer money. You dont even know where they are. Basically you trust an anonymous email address to not screw you over. Personally i am not as trusfull. IMO not advisable for more than ...

FXCM Discussion

They dont even provide a real address as a contact, only a phone number and email.

FXCM Discussion

I am just saying, with the current toxic regulatory environment for retail FX in the states its way too risky to invest in this. Now there are only two firms left, the market would be wide open for a newcomer, but apparently those with the means ...

FXCM and CEO Drew Niv banned from US market by CFTC

I dont think its worth it when they can regulate you away on a moments notice. Look at IB, they just killed their retail fx business without any good reason at all.

FXCM and CEO Drew Niv banned from US market by CFTC

Jason: is Effex Capital still a liquidity provider for FXCM and do they still get preferential treatment, as alleged in the cftc complaint?

FXCM Discussion

That is rather spectacular. I guess there will be a criminal case too - its outright fraud. And as a public company investors are sharpening their knifes too, i would assume. FXCM would have had to disclose this relationship with Effex, but ...

FXCM and CEO Drew Niv banned from US market by CFTC

Good luck to Jason, i hope he will be alright.

FXCM Discussion

There are worse things - Belgium banned all retail fx and CFDs alltogether. I can live with 50x.

European Brokers are lowering leverage?

The proof is in the income statements. They posted GBP 245 million in trading profits for H1 FY17, which directly correlate to client losses. Compare this amount to what clients deposited, and it is clear, that they chew through clients at a rapid ...

IG vs CMC in terms of trading against traders?