Latest data from CFTC is telling us that the drastic margin requirement increase is working – the retail traders are moving away from the US regulated brokers.
Source: Leaprate.com
And the breakdown of the pie among the regulated brokerages.
Source: Leaprate.com
To sum it up – the big firms winning, small firms losing and US forex retail traders disappearing.
Everyone knows making forex trading in US uncompetitive against future trading has been the agenda. It is not really about protecting the retail traders at all. Similar policies are put in place in Canada and Japan.
In the name of protecting the most inapt people from trading forex, the normal retail traders are stripped their choices of varying classes of trading vehicles.
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Aussie rushed to Y+2 and rejected decisively. Dropped back down to Y-0 and bounced. Failed to clear the breakout boundary since. Closed the week near Y-0 and below midpoint.
...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Euro zone problem drags on so cable suffers. Pulled back to Y-0 and 1-2-3 buy off the zone. Closed the week above Y-0 and B-0.
Outlook
Retest of B+1 likely. Looking ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Gave us a beautiful reversal right off the start of the week with Y+2 target tagged with no heat. Y+1 support since. Ran straight up to Y+3 target before ...
Lawrence's Comment
Recap
Bottom from last week acting as support as expected but situation in Ukraine and banking problems in Europe is turning the pair into a mess. Closed the week above ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Are US Forex Retail Traders Giving Up Forex?
Latest data from CFTC is telling us that the drastic margin requirement increase is working – the retail traders are moving away from the US regulated brokers.
Source: Leaprate.com
And the breakdown of the pie among the regulated brokerages.
Source: Leaprate.com
To sum it up – the big firms winning, small firms losing and US forex retail traders disappearing.
Everyone knows making forex trading in US uncompetitive against future trading has been the agenda. It is not really about protecting the retail traders at all. Similar policies are put in place in Canada and Japan.
In the name of protecting the most inapt people from trading forex, the normal retail traders are stripped their choices of varying classes of trading vehicles.
You can read the original story here.
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