Thread: Fxcm
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Old 07-06-2009, 08:42 PM
Jason Rogers Jason Rogers is offline
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Quote:
Originally Posted by timbecks777 View Post
Hi Jason

Thanks for the answer

It would be nice to use the alternative to move the funds to FXCM UK as they offer CFD trading too. But here is the question, whether this law be enacted in UK in the nearest future or not.
I was trading FXCM Micro...However, FXCM UK does not have this kind of "department". That's a pity, becasuse ,as of now, FXCM could lose a lot of retail traders who do not have $10k for initial deposit. So, to my mind, they need to resolve this issue and may be introduce CFDs on US Equities as most of UK brokers offer them
hi timbecks,

Thanks for the post. We haven't created a micro website for FXCM UK yet, but we're allowing micro accounts to move their account to FXCM UK as well. It will still be a micro account and will fall under FSA regulations. Here is the link to opt-in to move a micro account to FXCM UK </title> <meta name="keywords" content=""> <meta name="description" content=""> <link href="/fxcm_style.css" rel="stylesheet" type="text/css" /> <link href="/nav.css" rel="stylesheet" type="text/css" /> <script type="text/javascript" language="JavaSc

We are not aware of any plans by the FSA, or any of our other regulators, to ban hedging or pass a FIFO rule.

Our CFD products will be starting out with the major products such as indices, oil, gold, etc, but we may add additional products as the main products become established.

cheers,

Jason

-Jason
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