Retail forex account

Retail forex account means the account of a retail forex customer, established with a national bank, in which retail forex transactions with the national bank as counterparty are undertaken, or the account of a retail forex customer that is established in order to enter into such transactions.

Source

12 CFR § 48.2


Scoping language

In addition to the definitions in this section, for purposes of this part, the following terms have the same meaning as in the Commodity Exchange Act: Affiliated person of a futures commission merchant; associated person; contract of sale; commodity; eligible contract participant; futures commission merchant; future delivery; option; security; and security futures product.

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