What Are Your Thoughts on the CFTC and Forex Leverage Limits?
- StockTwits
- March 19th, 2010
On Monday, the CFTC will issue its decision on leverage caps for the retail forex market. The decision will go a long way in determining the future of many retail forex brokers doing business in the United States. The CFTC wants to restrict leverage to 10:1 for retail transactions. This comes as financial regulatory bodies are under increasing pressure to protect the public from both predatory lending policies and themselves.
Since our community consists of many forex traders, we figured we’d ask you. What do you think the CFTC-imposed leverage limit should be?
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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