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
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
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
Cable snapped out of its tight down channel to the upside which led to a charge towards the start of the channel at Y+1. Y+1 tagged and cable stalled ...
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
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
Slided further down near Y-2 but bounced off before tagging the price level. Rejected by Y-0 as expected. Closed the week near Y-1 and below midpoint.
Outlook
Turning the top ...
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
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
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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