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The CEO of Rockwell Trading brought up this court case and discussed his concerns about forex brokers and their platform markets on our Oct. 27 webinar.
FORBES: Is U.S. Forex Trading Safe?
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Gaining an extra 270 days to trade on a non-registered foreign bank platform can help many retail forex traders who are not otherwise ready to begin trading under the new CFTC rules, which include 50:1 margin on majors, 20:1 margin on minors, the hedging rule and no FDIC, SPIC or segregation protection.
FORBES: Forex Traders Have A Little More Time
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We answer a key question about whether a U.S. retail forex trader can trade on a non-RFED registered foreign platform after the Oct. 18 registration due date (90 days after Dodd-Frank Fin Reg enactment).
FORBES: Forex Traders Have A Little More Time