Assessing the True Value of GAIN’s Purchase of FXCM’s Client Base

[kreslik.news]

What can be said about the FXCM fiasco has been said, however I must have my penny’s worth of input as it’s too big a story not to contribute to. The real fiasco started with the Swiss National Banks (SNB) move on the CHF back in January 2015 and the huge losses that FXCM suffered.

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Even back then the FXCM advertising adage “we don’t chase clients for negative losses” was also soon rewritten. It was then that we should all have paid more attention. Clients ... (read more)