Recent content by limitup

Well, this 10:1 leverage is pretty stupid. If this happens then, trade currency futures where you can get 30:1 to 60:1--lol I can't understand why everyone thinks that the NFA and the CFTC can legally regulate a de-centralized marketplace anyway. Has anyone traded spot forex futures...

Then, why did they kick my American ass out?

Doesn't anybody get it? NFA stands for National "FUTURES" Association...not National Forex Association. FCM stands for "FUTURES" Commission Merchant...not Forex Commission Merchant. Membership is only required if broker clears futures contracts. That is the law as per the CFTC. Forex brokers...

Well, let see here. Last time I checked, the NFA has NO legal jurisdiction. The NFA is an association... NOT government....and it even doubtful that the CFTC has regulatory power with regard to spot currency at all . I can prove that they cannot force brokers to take such action. . The...

The bot is very good...but the spreads are the problem...and brokers know it. Brokers will lie through their teeth. They trade against us (all of them)...this is why FAPT has been a harder time after the holidays. All brokers have a 5 pip instead of the pre holiday 2-3 pip spread in the...