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WSJ's Embarrassing Hatchet-job On FXCM

|Includes: AMTD, ETFC, FX, GCAP, Global Brokerage, Inc. (GLBR), IAPLF, IAPLY, SCHW

Wall Street Journal article contains errors and clear bias in bad-mouthing FXCM.

WSJlogoFXCM logoIsn' t the Wall Street Journal, of all publications, supposed to be above this kind of journalism? The WSJ carried an article today in its popular "Heard-on-the-Street" column, entitled "The Customer Is Too Often Wrong at FXCM".

As other respected FX bloggers tweeted today,

"This strikes me as something of a hatchet job on FXCM. Their numbers aren't any worse than anyone else" (John Forman, @RhodyTrader), and

"the reporter has no idea what he's writing about unfortunately" (Michael Greenberg,@forexmagnates).

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