FXCM is now claiming 20,000 clients, and if that's true, then hold on to your hats because forex spot trading has just about reached the tipping point. Remember the explosion in online stock trading from 1996 to 2000? The forex market is, in its life cycle, at the year 1996.
That means greater liquidity for everyone. It also means that over the next year or so, that we can trade larger amounts at guaranteed stops and limits. It also means (unfortunately) that governments around the world -- not the least of which the U.S. -- may start heavily regulating (and suffocating) the growth.
Actually that number is now 35,000. Where do you think it will tip to next?
Posted by: AussieWebmaster | February 29, 2004 at 12:41 AM
And now it's 45,000
Posted by: AussieWebmaster | August 18, 2004 at 12:43 PM