Final nail in the coffin of US trading came for me in the form of an email from Oanda last night. The esteemed "wisdom" of the NFA has dictated we now are limited to 33:1 leverage on AU and JPY pairs 20:1 leverage on CHF pairs. NFA and CFTC are ...

List of Brokers taking U.S. Clients with hedging, scalping and no FIFO

I received the same "urgent" email. So effective immediately we now have 20:1 leverage on CHF pairs and 33:1 leverage on AUD and JPY pairs ! What a crock o'$hit !The NFA is trying to push traders into futures but ironically some futures brokers will ...

OANDA Discussion

Agreed, the choice of a good broker is my primary concern, but the safety, reliability, cost and method for withdrawal is a big concern also.

List of Brokers taking U.S. Clients with hedging, scalping and no FIFO

One of my concerns with overseas brokers is the withdrawal and deposit method. They use Neteller, Skrill and a few other methods that have bad/scam reviews. Anyone on here use any of these methods ? Bank wire is the safest but very costly ($35 ...

List of Brokers taking U.S. Clients with hedging, scalping and no FIFO

Opened up a demo account with Tallinex this morning based on the recommendation from FinFx. The demo defaulted to the ECN micro account (spreads only) vs the ECN Pro (lower spreads + commission). 6 hours of watching rates during the US market hours. ...

List of Brokers taking U.S. Clients with hedging, scalping and no FIFO

Good point..I was worried we were getting a post SNB screwjob with increased spreads. Still underwhelmed with Oanda but its what we have here in the US.

OANDA Discussion

Anyone else seeing spreads about 20-60% higher today ? UJ has spent a lot of time north of 2 pips today.. 2.2-2.9 EU..also above 2, currently 2.3 as I type this. GU..3.2 at this time. Has been above 4.0 a few times. AU..4.1 at this time. This is in ...

OANDA Discussion

and FinFx is out of the US...got this email last night. "FinFX has successfully coped with the last week’s unexpected events and continues to operate normally. Yes, these rumours are true, and FinFX is no longer accepting US clients. We are moving ...

List of Brokers taking U.S. Clients with hedging, scalping and no FIFO

[quote=Dream_trader;7997483]OMG, Oanda have huge spreads - AUD/USD - 20, EUR/USD - 11, GBP/USD - 20. Its like a news time! I hope EUR/USD don't drop down like in EU/US session, because I have a long possition... ^_^ Ok, looks that better take ...

EURUSD

Current 40 point spread on USCHF seems a bit excessive.

OANDA Discussion

Yep, I have demo accounts with 2 other brokers and they all hit the fan. Spread is still 15-20 points wide on Oanda 8 hours later ??

OANDA Discussion

I have been demoing FinFx with their ECN account ($ 7 comm per lot) and even with the commission it typically is better than Oandas spread..but there are costs to deposit and withdraw from the account. Will open up a regular account without ...

List of Brokers taking U.S. Clients with hedging, scalping and no FIFO

Nope, I have been subscribed and reading this particular forum since Sept 2014..

USD/JPY Discussion

6 weeks ago everyone and their brother were calling for 125, 150 and even 200, meanwhile saying this bull run will never end..then it fell 400 points. The majority were wrong (at the time at least)... Now the pages are filled with people calling for ...

USD/JPY Discussion

Nicely done

Magic 5 - five pips only

Anyone keeping stats on win rate with this system and using a specific stop loss level (10-15) ?

Magic 5 - five pips only

Anyone get the license plate on that truck ?

EURUSD

Zkf, are you using the spread only or the commission based plan ? How are the spreads on EU, UJ, GU ? On Oanda it averages 1.2-1.9 during NY and London times. 2.2-2.8 in off hours. Thanks

MB Trading: Good, bad or pretty much the usual US based broker?