Broker responses to the new CFTC rules: GFT, Oanda, IBFX, Gain Capital, FXCM, FX Solutions, PFG Best, Alpari US and MB Trading

A week after most of large US brokers have issued a collective statement and united under the FXDC (Forex Dealers Coalition) brand name they have also issued their own statements regarding the proposed CFTC rules concerning leverage and IB relationships.

The FXDC is now comprised of: GFT, Oanda, IBFX, Gain Capital, FXCM, FX Solutions, FXDD, PFG Best, CMS Forex and Alpari US.

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Now you can read what your own broker thinks of the upcoming rules. Here are links to their statements:

FXCM: https://www.financemagnates.com/forex/analysis/fxcms-response-to-cftcs-new-proposal/

GFT: http://www.gftforex.com/about/2010-articles/gft-20100118-CFTC.asp

Oanda: http://www2.oanda.com/cgi-bin/msgboard/ultimatebb.cgi?ubb=get_topic;f=15;t=009611#000000

IBFX: http://www.ibfx.com/Corporate/post/2010/01/19/Interbank-FX-Supports-the-Original-2008-FARM-Bill-Opposes-CFTCe28099s-Proposed-Leverage-Limits-of-101.aspx

Gain Capital (Forex.com): http://www.futuresmag.com/News/2010/1/Pages/Forex-firms-speak-out-on-CFTC-leverage-plan.aspx and http://www.gaincapital.com/012110.html

FX Solutions: http://www.forexpeacearmy.com/forex-forum/general-forex-talk/8431-call-action-cftc-10-1-share-what-brokers-other-forex-groups-wrote-here.html (scroll down)

FXDD, CMS Forex: couldn’t find any

PFG: http://trading-u.com/blog/index.php/archives/1502

Alpari US: http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=0482ced1-4857-46ba-932f-b17f770b3b2

MB Trading (not part of FXDC as far as I know): https://www.financemagnates.com/forex/brokers/mb-tradings-response-to-the-cftcs-leverage-and-ib-requirements/