Because of the EUR/CHF-disaster I read the terms of use of FXCM very intensively the last days and there is one aspect that sounds very strange to me, it's No. 30.1 (b) where the client should reimburse losses as a result of the client's use of programmable trading systems. Does that mean that if an FXCM account becomes negative you have to make additional payment because you used e.g. Zorro Trader instead of trading manually?
I happened to see this point because 30.3 is the rule that FXCM uses now to justify the cross-clearing and the headline of the 30s is reimbursement (from client to FXCM).

Last edited by Sphin; 01/26/15 17:31. Reason: wrote -> read (I don't remember how I came to 'wrote', it doesn't make any sense, sorry)