Matchbook FXraises Minimum Account Size


NEW YORK--Online currency trading platform Matchbook FX has raised its minimum account size to $25,000 from $10,000. Its aim is to attract more small to medium-sized institutional clients.

Mark Smith, president and chief operating officer of Matchbook FX in New York, told FX Week: "We have moved small customers off the system."

"It is easier to deal with the institutional market. We don't want to provide information on how to trade and we don't have the business model to assist retail traders

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