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Old 07-02-2009, 02:45 PM
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Join Date: Jun 2009
Location: New York
Posts: 299
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hi SanMiguel,

This is not a business decision, but a new ruling passed by the NFA requiring orders to be closed by FIFO rules. You can't really oppose something that is required by law.

Traders can either continue trading through FXCM US using OCO orders to manage risk, or move the account to FXCM UK to continue trading as you always have been

Quote:
Originally Posted by SanMiguel View Post
That is crazy though they must have thought it makes good business sense for reason or another.
I suggest you show them your business sense and take your business to another broker and perhaps email their customer services explaining why you are leaving
They will no doubt log it somewhere or just bin it
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