Forex Regulary Rules by CFTC/etc...
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Hi ,
I would like to know, are there any CFTC or any other regulatory authority RULES for forex trading, stating,
1)Any specified minimum amount of free margin reqd- keeping in view the open positions-in percentage?
2)How long can one keep the -ve open positions in an account, both buy/sell?
I am aware that the broker associated with one's mt4 account can allow only upto 1000 open postions in an account.
Can someone INFORM on the above???
thanks,
earthy8