Tag: NASDAQ: IBKR

August 13, 2016 BY Mike Fox

Interactive Brokers to discontinue Forex margin trading for U.S. retail traders

Some late breaking news into the weekend as we found out that Interactive Brokers Group, Inc (NASDAQ: IBKR) has sent alerts to clients informing them of an update in their service plans for U.S. based Forex traders with the company. It looks like Interactive Brokers will restrict margin FX trading only to "Eligible Contract Participants", meaning those with…

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