I just saw the instructional movie put out by FXCM. The new ruling is a mess to deal with. Also FXCM stated that in the U.S. we will only be able to trade 1:100,000. This will kill profits, if we make any. I have already told IBFX that if they are following suit, I will stop trading Forex and go back to trading stock options and stock indexes. It is a sad day for Forex in the U.S. if this is the truth of how things are going to be handled from now on!!

Dave

P.S. If the trade ratio is firm for the U.S., one options is to take our Forex Business overseas (At a higher risk to us U.S. traders).