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necromage
FXCM?
in
Experienced Traders
Apr 12, 2015 at 06:58
FXCM, what does your recent announcement mean in practical terms? You state clients are now liable for any losses, as opposed to before when clients were liable up to the funds in their accounts. Does this mean you will pursue clients in the future if a similar event to the recent USDCHF happens?I quote:"There are a few changes made to the Agreement. The key change is, based on CFTC Regulation 5.16 no Retail Foreign Exchange Dealer, Futures Commission Merchant or Introducing Broker may in any way represent that it will guarantee against losses. We hope you'll take a moment to see what...
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