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US Traders - Changes to Leverages

Thought you guys might find this interesting

 

Attention all traders,

Effective Monday, October 18, 2010 new leverages for FOREX currency pairs as follow:

For the majors, new leverage will be 50:1
For the exotics, new leverage will be 20:1

The new retail FOREX rules for US traders from the CFTC were finalized on 8/31/10.