I am brining this up in my wrup tonight. Thanks for posting.
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| UK FCA looks to lower leverage on FX & CFD https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=5021 |
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| Author: | saintalan [ Mon Dec 12, 2016 8:36 pm ] |
| Post subject: | UK FCA looks to lower leverage on FX & CFD |
I received this from FXCM UK today, anybody else had similar, would maybe be good if we co-ordinated our responses maybe after some Forum discussion? Thanks Alan ----------------------------------------- Dear Trader, Recently, the FCA has released a proposal which looks to lower leverage on FX and CFD products. The maximum leverage allowable under this proposal would be 50:1. Specifically the FCA is proposing: 25:1 maximum leverage for clients with less than 12 months active trading experience 50:1 maximum leverage for clients with greater than 12 months active trading experience There is a feedback period provided by the FCA regarding their new proposed rules. FXCM will participate in the feedback period and we encourage our clients to do the same. To submit feedback to the FCA on this proposal click on below link: https://www.fca.org.uk/cp16-40-response-form |
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| Author: | mejayusa [ Sat Dec 17, 2016 2:40 am ] |
| Post subject: | UK FCA looks to lower leverage on FX & CFD |
Looks like they are doing the same thing they did with usa. |
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| Author: | iforexnews [ Sun Mar 05, 2017 1:22 pm ] |
| Post subject: | UK FCA looks to lower leverage on FX & CFD |
more information about the FCA new rules here: http://www.forexsq.com/fca-spread-betting-rules/ |
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| Author: | SteveHopwood [ Sun Mar 05, 2017 6:56 pm ] |
| Post subject: | UK FCA looks to lower leverage on FX & CFD |
I am brining this up in my wrup tonight. Thanks for posting. |
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| Author: | josch [ Wed Mar 08, 2017 12:44 pm ] |
| Post subject: | UK FCA looks to lower leverage on FX & CFD |
You may take this as an enacted 'money management'. I don't believe, that there are any professional traders exceeding this leverage. josch |
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