Actually, I am going to break this down so even simple minds get it. We have trader A and trader B, each has 500K in trading capital and each earns 20% per year, therefore each turns a profit of 100K. Trader A uses a US base, NFA regulated broker ...

FXCM Discussion

LOL. Actually make quite a substantial side income, bu that is not even relevant to the point. I still risk the same amount of my actual trading capital as I would using a low leverage US broker, the difference is the majority of my capital spends ...

FXCM Discussion

I pay taxes on forex every year, actually hold an accounting degree. As far as the BS about regulated brokers, that is exactly my point. The NFA claims they are "protecting" us but restrict us from trading with anything but US bucketshops. Theym ...

FXCM Discussion

Or trade with ANY OTHER BROKER in the world other than US and get a WAY BETTER DEAL

FXCM Discussion

Absolutely correct. The folks regulating us do not even comprehend the fact that leverage has nothing to do with risk.

FXCM Discussion

Come to the dark side. My leverage is still 500:1.

FXCM Discussion

Well you can start with a google search of FXCM fines or forex.com fines. Yeah, yeah ,they cleaned it up. If they weren't caught, they would be continuing the same practices. The main issue I have is with the regulations, the rest of the civilized ...

FXCM Discussion

My broker charges 1% + a $5 fee.

Need US broker for a large account

I withdrawal every week, no issues. Actually receive my money quicker than with a US broker. Go figure.

Need US broker for a large account

And the biggest one, in AU your funds are insured and you are provided 400:1 leverage. In the US they require us to deposit 8 times the money for the same exact trade and then on top of it don't protect the funds.

FXCM Discussion

I doubt any US trader will offer cTrader. Dealer manipulation is impossible on that platform, which doesn't fit US brokers model.

FXCM Discussion

Good thing US brokers do not manipulate price.

OANDA Discussion

The unregulated brokers do accept US clients, and since the US brokers are not allowed to insure our funds, there is no additional risk whatsoever in trading offshore. Actually, it is quite the contrary, due to the much better leverage offered, you ...

OANDA Discussion

The whole friggin NFA is a joke. The rest of the world gets to trade with 500:1 leverae, no FIFO and hedging. The only thing the regulations has done is put US traders more at risk by requiring 10 times the deposit for margin. Yet they will not ...

OANDA Discussion

OK, now you are just making my brain hurt. I feel as if we have both wasted at least a couple of hours debating this topic as we have now come full circle and are back to my original point. There is no way in hell I would put hundreds of thousands ...

Need US broker for a large account

So, once again, my point is....Why have that money sitting unnecessarily with a broker? You are not risking $300K. What do you have a 40 pip stop, risking 12K? You have 288K more than you are risking sitting at a broker who DOES NOT PROVIDE ANY ...

Need US broker for a large account

Wow, you are trading that large. All the more reason you should be offshore. What do you need around 60K in margin for the above mentioned trade? You would only need 6K with my broker. Don't ya think that extra $54K would be safer in your own bank ...

Need US broker for a large account

And when the bet is heavy one way, what happens? That's when dealer manipulation takes place. In other words, on their DD model, let's say 90% of traders are short EURUSD. I'm sure they are thrilled to death when the 10% who are long win. Why do you ...

Need US broker for a large account

80% of my trades are euraud, gbpaud, eurcad, gbpcad, eurjpy or gbpjpy, with the majority being euraud and gbpaud. I use a trend trading system and those aud crosses fit perfectly. I will begin posting here next week.

EUR/AUD

I pulled it right from their website. So based on your theory, they want you to win, yet they are counter party to your trade. That would make them in the business to lose money. Get a clue, man.

Need US broker for a large account