Stop the CFTC imposing a minimum 10:1 leverage

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We do not want the CFTC imposing the appalling minimum 10:1 leverage rule on Forex market traders.

443 Signatures

  • Andy
  • Nick Bencino
  • Paul Regan
  • Paul
    • Comments
    • We have the right to choose how we invest
  • Doji
  • Jeremy Bell
    • Comments
    • This leverage limitation is neither necessary nor appropriate
  • Jeff Giesbrecht
    • Comments
    • The CFTC is way over stepping its bounds with this crazy proposal; don't kill the US FX traders..
  • John Rodgers
  • Lyle Hayslip
    • Comments
    • I am against the the new rule being considered to reduce available leverage to 10:1 in retail Forex. I do not need a "nanny" involved in my financial decisions. This decision should be totally up to the individual. This decision is alse anti-business as it will damage if not destroy most US based Forex brokerages.
  • Dennis Frantz
  • Christopher Nymann
  • Ray Austin
    • Comments
    • I am against ANY further lowering of leverage in the US FOREX market. Lowering the leverage in any amount will kill the US FOREX market as it limits choice and strategy options. This market is not a one size fits all and the rules should not kill a legitmate US business because the rules disallow US based firms to compete as we have seen with plans of all US firms to open brokerages off-shore due to the ill-informed, misconceived rules of "No Hedge" & "FIFO" imposed by the NFA. All these rules should be abolished to return the US to become a beacon for traders foreign and domestic and to promote growth to a thriving industry.
  • nicholas stratton
  • Brian Gunning
  • Desmond
    • Comments
    • Total disagree the changes
  • Scott Tucker
    • Comments
    • В
  • William Poole
    • Comments
    • В
  • Alun Jones
    • Comments
    • This proposal will require amateur traders to risk larger accounts increasing risk which is contrary to the aims of this bill.
  • dan cahill
  • Alexandra
  • John Christie
  • Amol
  • Eric Kahiga
  • Nigel Prior
    • Comments
    • My leverage is my responsibility. Thanks anyway.
  • Javier G. Acosta
  • r.p. den herder
    • Comments
    • stop this nonsens
  • Michael Henderson
    • Comments
    • 6.5 year trader very comfortable with 100to1
  • Fernando Jose Yolo
  • Lorenzo Romero
  • C. Hills
  • Murphy Tai
  • Clive Ryan
    • Comments
    • Forex is my livelyhood...don't take it away!
  • Darko Sisak
    • Comments
    • Every experienced trader knows that lower leverage doesn't mean protection of his capital at all. It just causes more capital to be bound to open positions and less equity for negative floating PL. Since Forex is a market without a zero price value it is impossible to foresee a worst case floating loss and therefore impossible to have a sound investment strategy without at least 100:1 leverage for capital under 25.000 USD. It is therefore more than obvious that the CFTC, in these critical times of recession, attempts to force successful retail Forex traders and investors into the stock market. As this attempt might be legitimate, the ramifications of such a blunt action are very probably illegal for at least two reasons: 1. The imposition of unfair advantage of non-Forex and non-US Forex Brokers over US Forex Brokers; 2. Luring inexperienced retail Forex traders to put significantly more of their money into risk, by conveying false information that lower leverage means better protection of capital.
  • Fred Prive
    • Comments
    • who am I without leverage ?
  • Kurt Kenis
  • Anthony Kotko
  • Jesper Lindblom
  • Ed Anderson
    • Comments
    • Let the little live give us a chance to trade we known the risk , let it be my choice.
  • Miguel Marques
    • Comments
    • Please do not impose a minimum 10:1 leverage. This is not a good thing for the Forex world. Thank you for your understanding. Miguel
  • Daneswar Appiah
    • Comments
    • Please leave existing LEVERAGE at 100:1.
  • Fred van den Berg
    • Comments
    • I am a small player but I am happy the way it is. Besides I will be out of business as I do not have the funds to accomodate a 10:1 scenario
  • Aivis Lapins
  • Luis Pastrana
  • nash
    • Comments
    • i am with nick to keep leverage same
  • Michael Birkeland
  • Marcell Petersen
  • John B
    • Comments
    • Please leave it!
  • darrell newton
    • Comments
    • Unemployment is sure to go up with this propsed changed
  • Robert Jefferies
    • Comments
    • В
  • Ray Fung