Dear Client:
This notice is to confirm that you will be able to continue to utilize hedging as part of your trading strategy through our UK entity, FOREX.com UK Ltd, which is authorized and regulated by the Financial Services Authority (FSA).
The transfer of your account to FOREX.com UK is not mandatory. However, keep in mind that should you decide not to transfer your account, you will not be able to establish new hedged positions beginning Friday, May 15, 2009.
Over the next couple of days, you will be receiving instructions for how to transfer your account to FOREX.com UK.
The transfer of your account will be a seamless process. You will not need to close your open positions or orders and you will be able to use the same User ID and password to log onto the MetaTrader platform. Following the transfer of your account to FOREX.com UK Ltd, your funds will be held in segregated accounts as required by FSA regulation.
Should you have any questions or concerns, please feel free to contact one of our customer service representatives.
Thank you in advance for your continued business.
Sincerely,
The Team at FOREX.com