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  • Opinions - Not Facts

    This blog consists of contributions from FXCM staff, executives and people that have a relationship with FXCM. In spirit of a blog, the posts are conversational and opinionated. However, they are not official FXCM policy and not double-checked for facts. The authors are providing information that they believe to be true or opinions they hold. To verify information or check official FXCM policy, please contact FXCM through the firm's official website, www.fxcm.com.

    • NFA Proposed Forex Rules E-Mail

    By Marc Prosser | September 6, 2007

    A lot of my competitors, other forex brokers, are mad at me for sending an e-mail with the subject line “Is your forex broker headed for trouble?” about the proposed new NFA FDM requirements.The CEO of one forex broker called the e-mail “HIGHLY QUESTIONABLE”, however, he failed to say why.

    The e-mail is 100% factually correct.
    The e-mail raises an important issue which is being widely discussed in forex forums.
    The e-mail explores the potential impact the proposed rules may have on many forex firms.
    I think my competitors don’t like the fact that I provided the market with valuable information, which is helping people make intelligent choices about their broker. Instead of dealing with the fundamental issue of their firm’s financial strength, they want to attack me.    Go ahead, you’re only providing more attention to my message.


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    Topics: Mr.FXCM | No Comments »