Most US Forex brokers gained in May, GFT leads the losers

CFTC issues a monthly report with the financial results of the NFA registered forex brokers amongst others. This allows us

win_lose_diceCFTC issues a monthly report with the financial results of the NFA registered forex brokers amongst others. This allows us to compare the progress (or regress) the brokers make, at least financially.

Comparing the recent May 2009 with April 2009 figures we are able to see that most of the brokers gained capital (some of them had to do that artificially due to the shift from mandatory 15m to 20m in own capital). some brokers like GFT (-$1.3M) lost money.

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Important to note is that the results reflect US subsidiaries capital only. In case of brokers with multiple subsidiaries like FXCM and Alpari the numbers are significantly higher.

FXDD is not on the list because it still awaits the regulatory approval (Due to the regulatory fiasco I hope for them they’ll make the right decision and withdraw it).

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