Proposed NFA Capital Requirement - page 52

 

They are going to ring the MC bell.

 

November net Capital Numbers are Out

The CFTC has just released their latest net capital figures. With the $15 million dollar deadline just days away who will make the cut and who will not?

Financial Data for FCMs

The following firms have net capital below $15 million

Advanced Markets $10,195,000

Hotspot $10,527,000

Easy Forex $10,606,000

GFS Forex $12,861,000

MB Trading $14,664,000

AMIFX, HotSpot and Easy Forex are really behind the 8 ball. They are not even close to the $15 million mark. Sure the CFTC cap report lags about six weeks behind but time is running out and these firms have not shown any kind of gradual increase in their cap numbers unlike their other competitors.

The following firms have net capital below $20 million

IKon Royal $15,013,000

Forex Club $15,823,000

I Trade FX $17,098,000

Alpari $18,158,000

ODL $18,982,000

The following firms have net capital above $20 million

CMS Forex $26,540,000

PFG $27,704,000

Interbank FX $42,954,000

FX Solutions $45,125,000

GFT Forex $73,808,000

Gain Capital $102,959,000

FXCM $131,416,000

Oanda $170,799,000

As always conduct your due diligence and make sure the firm you are trading with will be able to comply with the new $20 million capital requirement going into effect in the months ahead.

 
 
 
 

hi bro,

how about instaforex?

 
hayabusat:
hi bro, how about instaforex?

don't know squat about those guys. think they are unregulated.

 

^ LOL. Oh, that's gotta hurt.

 
 

FXSavior,

What exactly is the definition of capital? Who does it consists of? Is it just the profit that the company has made and put into its own account? Or does it include the capital of the investor as well?