As I suspected, there are no rebuttals to this one. If you trade with a US broker, you are either completely naive to what is going on or you know the truth but are too stubborn to admit it. This kind of reminds me of those voting for Hillary.

Need US broker for a large account

So now I need 25 times the deposit for margin in the US than I do with my broker to execute the same trades involving the GBP. But hey why not deposit $25,000 instead of $1,000. Atleast in the US, our funds are protected. Is it making sense to ...

FXCM Discussion

Look, the NFA is "protecting" us again. NFA Financial Requirements Section 12 requires FDMs to collect and maintain a minimum security deposit of 2% of the notional value of transactions in 10 listed major foreign currencies and 5% of the notional ...

Need US broker for a large account

. All of them are great. No conflict of interest, when you win, they win, when you lose, they lose. They are 100% invested in your success. Spreads are razor thin, and your money is fully protected. Oh wait, you said US broker, my bad.....

Need US broker for a large account

Which brings me to my exact point, I have been with my broker over 2 years. Not once has there been a frozen platform, not once has there been a random spike ( not found anywhere else),and not once have I not received a withdrawal within 2 business ...

Need US broker for a large account

They do have a dealing desk. It depends on your balance. As far as transparency, google search this: FXCM fines. Once again, please do some research before posting non-facts.

Need US broker for a large account

There is no regulation prohibiting it. Once again, the brainwashing effects of the US government. I wish people would research and state facts before posting. Everything I post is fact, not opinion.

Need US broker for a large account

OK, to each his own. I just refuse to be in any game, contest, trade, whatever where the opposition wins when I lose and loses when I win WHERE THEY CONTOL THE OUTCOME, after all it is THEIR SOFTWARE. In addition, the transaction cost with a market ...

Need US broker for a large account

Absolutely agree regarding FCA. So my issue is this, if the NFA has such a sincere interest in protecting the trader as they claim, why can't we trade with an FCA broker? Yes, I do firmly believe my broker is an ECN as I constantly see my trades ...

Need US broker for a large account

• In June 2015, there were 8 U.S. retail forex brokers, with market shares as follows: FXCM - 34% Gain Capital - 20% Oanda - 19% IBFX - 8% Wedbush Securities - 8% Interactive Brokers - 7% MB Trading - 3% RJ O'Brien - 0% • By June 2016, the field had ...

Need US broker for a large account

I'll take the random island. Once again, your money is not protected in either case. Difference is, I only need 10% of the margin, so I am literally risking 90% less money than someone using an NFA regulated broker. The NFA is regulating the trader, ...

Need US broker for a large account

Still doesn't address the issue of having 90% less money at risk. If I am trading a standard of GBPJPY with a 50 pip stop, I am risking about $500. I only need $400 in margin, but I'll use $500 for the 50 pip stop. With a US broker, I need $4,000 in ...

Need US broker for a large account

When you lose, they win and vice versa. It's right there in their terms and conditions. You are oblivious to think they don't play games. They control the software in a game that has a complete conflict of interest with you.

Need US broker for a large account

What happened with OANDA when the GBP dropped big a couple of weeks ago? It's fact, I'm not making it up. If you want to deposit $5,000 for margin to execute the same size trade I do for $500 in margin, more power to you. Your funds are not ...

Need US broker for a large account

Only accounts over $10,000 and I do report them. This not about taxes, I pay mine just as if I earned the money with a US broker. There is absolutely no law prohibiting me fom trading with an offshore broker. I simply chose to only put 10% of my ...

Need US broker for a large account

I, too, am a real trader. I have other sources of income, but forex is a significant source for me. I completely disagree with you. US brokers are absolutely corrupt. They freeze platforms, have random spikes,which cannot be found elsewhere and when ...

Need US broker for a large account

So the point here is, let's say I didn't have $2,000 laying around for margin, my family would be out $800 in income. Anyone else think that may impact a family of six? What % of families that size do you think have $2,000 in disposable income to ...

Help!!! US Traders, We Must Stand Up and Fight