FXCM Banned From Business In USA

[Segwin]

If one of the mods could move this please.

FXCM Banned In USA

[NinjaTrader_ChristopherD]

Hello Segwin,

Thank you for your post.

The NinjaTrader Executive Team met this morning fully analyze the scope of the recent FXCM announcement. We will provide an update as soon as possible to discuss forex trading with the NinjaTrader platform.

Thank you for your patience and understanding.

[Segwin]

Thanks Christopher. Where will future updates be posted?

[NinjaTrader_ChristopherD]

Hello Segwin,

Thank you for your reply. We have created a FAQ page with the latest information regarding FXCM as it affects our NinjaTrader platform users:

• http://ninjatrader.com/FXCM_FAQ

[Segwin]

Wishful thinking however has the idea of Ninja Trader taking over FXCM US accounts been floated?

[NinjaTrader_ChristopherD]

Hello Segwin,

The current plans for the FXCM US accounts are explained on the following FAQ page:

• http://ninjatrader.com/FXCM_FAQ

[Dortotto]

FXCM can't be banned from operating in the US, it's not legal. Who can give me some ideas on how to do business in IT?

[LousyMyor]

I agree. It doesn't sound legal or valid. You can't just ban a business in the United States. As for it, there are millions of ideas all over the Internet. IT ideas for companies that bring decent income may come to mind at random. Still, if you look at the current situation with startups, you can identify a pattern: they are all based on a particular problem and offer a workable solution. Of course, you don't have to be an innovator to succeed. It is enough to choose a specific direction and plan everything carefully. The main thing is that you have selected Sphere IT, as it is the most in-demand one.

[NinjaTrader_Jason]

Hello Dortotto and LousyMyor,

This was a decision by the CFTC (U.S. Commodity Futures Trading Commission). For further information, please take a look at Wikipedia's publicly available information, as this also links to various sources and articles in this aspect:

https://en.wikipedia.org/wiki/FXCM