FX for the common man is recent. It's the new housing: access to leverage.

pjc50 · on Jan 18, 2015

Or if you have a FX-denominated mortgage (common in Hungary), you can have both!

waps · on Jan 18, 2015

This makes me wonder. Aren't those retail investors all indebted to FXCM now ? They mostly made the bets using the platforms, (I assume) very little bets were made by FXCM itself.

cheatdeath · on Jan 18, 2015

Correct. "FXCM Inc. (FXCM), which handled a record $1.4 trillion of trades by individuals last quarter, said clients owe $225 million on their accounts after the Swiss National Bank’s decision to abandon the franc’s cap against the euro roiled markets worldwide." http://www.bloomberg.com/news/2015-01-16/fxcm-faces-losses-o...