Criteria for Leap Rate Approved Forex Firms
Criteria for Leap Rate Approved Forex Firms explained by professional Forex trading experts the “Criteria for Leap Rate Approved Forex Firms” FX trading team.
Criteria for Leap Rate Approved Forex Firms
Firms on the LeapRate Approved List, in our view, properly fulfill required standards in the following areas:
Regulation – must be regulated, preferably in more than one jurisdiction, and be in general good standing with their regulator(s).
Minimum size – $40B per month average trading volume.
Financial strength – must have > 120% of required regulatory capital, and be generally profitable.
Pricing – spreads must not be out of line with industry standards.
Technology / trading platform – must own and/or employ appropriate trading and back office systems, given the size and scope of business and trading volume.
Customer service – must rank highly in LeapRate’s survey of Forex firms.
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Criteria for Leap Rate Approved Forex Firms Conclusion
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