My research tells that banks (local and foreign) are not bound by these new regulations. These are banks and NOT brokers. The banks that are accepting US residents are: Citi Fx Pro - 1:50 (Min deposit $10000) Saxobank - 1:200 (min deposit $10000) ...

no regulations stopping US residents from opening offshore accounts

Dual passport is not an option as highlighted by GOM's above post. This law is applicable to all those residing in the US, citizens or not. What is ECP, can you pls help clarify where we can find more information on this?

GoMarkets Discussion

Well, you will be surprised that those on work permit pay their taxes, 100% of them.

no regulations stopping US residents from opening offshore accounts

Looks like you are misinformed. GoMarkets customer Rep via chat just told me that this applies to any US resident who is paying taxes in the US, not just US citizens.

no regulations stopping US residents from opening offshore accounts

Dear Sir, thanks for your update. Can you please clarify if this MOU only impacts US citizens or does it also impact Green card and work permit visa holders residing in the US and are tax payers in the US? Thanks for clarifying this.

GoMarkets Discussion

Thanks for the update. Are you saying that this new rule doesn't impact Greencard or work permit visa holders even though we are tax payers in the US?

no regulations stopping US residents from opening offshore accounts

Saxo bank — Saxobank offers 200:1 on select currency pairs and seems to be taking US residents according to their website. Being a bank makes all the difference it looks like. Brokers can't take US residents but banks are exempt from this rule ...

U.S. Retail Clients can Still Trade with Foreign Banks until July 2011

Foreign and local banks are allowed to take US clients and they also offer higher leverage in some cases. Does someone know the retail forex trading website for the following, Goldman Sachs, ABN AMRO, Morgan Stanley, Saxobank, etc. Thanks much.

U.S. Retail Clients can Still Trade with Foreign Banks until July 2011

DBFX accepts US clients. I figured out the big banks or SEC delares accept US clients and they are not governed by CFTC. Even citi fxpro is not governed by CFTC but they have a leverage of 50:1 for a long time voluntarily. DBFX still has 100:1. What ...

Offshore Forex for US Residents

fc, My SL is at 109.76 and haven't got stopped yet....how confident are you of this long?

EUR/JPY Anytime!

Looks like we are wrong.....

EUR/JPY Anytime!

Thanks fc, my fib suggests that.

EUR/JPY Anytime!

My weekly suggests a stop below 110 and a tp of 115.40.....any takers?

EUR/JPY Anytime!

Candle setups — Hi Thom/Mis, in the single candle setups, what are the types of candles that you have seen good success with? I have had good success with pin bars. Thanks for sharing your thoughts.

Fibonacci Paradise

I am sure, you wish you were sleeping -

The DIBS Method... No Free Lunch continues

My platform (GFT) didn't show any IB for UJ and UC. However, I am in a great long trade on EC, up 60 pips after taking profit on half lot.

The DIBS Method... No Free Lunch continues

Hi jaaroo, when you say, "growing and adding", what do you exactly mean? Do you add positions when you get another IB signal in the same direction the next day? If yes, do you move your stop to above or below the new IB or do you keep it at the ...

The DIBS Method... No Free Lunch continues

Well, then how did jarroo take a short in USD JPY this morning? Or, did he take a short actually??? Thanks.

The DIBS Method... No Free Lunch continues

Oh ya, I should have known that. Thanks much, that reinforces.

The DIBS Method... No Free Lunch continues

Also, if we consider an IB that has formed before the day open at 1:00 ET, which I believe you are doing, then won't our stop be at a higher point as price might have already moved quite a bit away from the IB hi/lo before we get our entry on day ...

The DIBS Method... No Free Lunch continues