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There's been a lot of talk about the CFTC's proposed change of leverage to 10-1. If they do it and you live in the US, you may be screwed. I wouldn't put it past them to block you from opening an account outside the US (and force you to close any that are open) ! A good alternative to Forex is US Currency Futures. For instance the highly liquid Euro Globex futures contract is traded on the CME, with a point value of $12.50/point. Margin is $2500 for a day trade and $3375 for contracts held overnight. Lightning quick fills and no more of those hideous "spreads" and "requotes" to deal with. Commissions are minimal; about $2 at Interactive Brokers where I trade. Also, your broker isn't trading against you, so no funny business... Anyway, just thought I'd bring this to light for the benefit of all you fine folks !