FXDD

[fxyvonne]

I have had an account with them for about two years but I'm leaving now due to the new NFA rules

[wiiplay]

I am also thinking of getting out of FXDD because of NFA rulings on US brokers. Can you share with me which broker you have changed to ???

[desi]

FXDD is giving the option to transfer non US accounts to FXDD Malta which is as per the European regulations.
The main advantage is the leverage of 1:200 as opposed to 1:100 in addition to FIFO, Hedging, etc.

[desi]

Yes, they changed the leverage to 1:200 for FXDD Malta.

[wiiplay]

Originally Posted by desi

Yes, they changed the leverage to 1:200 for FXDD Malta.

What is the difference between 1:100 or 1:200???
Advantage or disadvantage??

[Egwig]

Originally Posted by wiiplay

What is the difference between 1:100 or 1:200???
Advantage or disadvantage??

Have a look here for an explanation of leverage.

http://forextopten.com/leverage-adva...ages-in-forex/

Egwig

[desi]

Higher leverage is an advantage if you are able to retrain yourself to smaller lots. You have more cushion in term of less margin.

[wiiplay]

thanks for the reply