Common Sense Capital Staff Biographies

common sense capital - your futures brokerage

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Forex Trading -

Common Sense Capital does not currently offer Forex trading, for now. While the market is huge, there is no Federal oversight / regulatory commission. And this translates to no protection for clients. As for the "no commission" promise, well - traders still pay the "pip" spread of three to five pips, which means $30 to $50.00 dollars per trade, go figure. Also, each pip for all currencies is only $10.00, whereas at the CME most currencies minimum tic size is $12.50 = more bang for you buck.

CSC will continue trading and recommending that clients trade currencies at the Chicago Merc.

Disclosure of Risk: The risk of loss in trading futures and options can be substantial; therefore, only genuine risk funds should be used. Futures and options ARE not suitable investments for all individuals, and individuals should carefully consider their financial condition in deciding whether to trade. Option traders should be aware that the exercise of a long option would result in a futures position.

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