HSBC forex traders charged with criminal fraud. DoJ alleges $8m profit was made at the expense of UK client. Mark Johnson, the global head of forex cash trading, was arrested on Tuesday evening China bans Forex margin trading. According to a Reuters article in 2008, the China Banking Regulatory Commission banned banks from offering Forex margin trading to their clients. “Eighty to 90 percent of players in Forex traders lose money, through banks providing the service were generally making a profit from it, the banking regulator said.” Smart Analytics. Trade like market pros with our proprietary, patent-pending SmartTools , candlesticks and indicators. Live Market Trading. Trade live, directly from your charts, in multiple markets. Connections available to more than 50 different brokers in SmartTrader. No Search Results. Featured Traders. Economic Calendar. Add Market Watch.