If you are a US resident, you need to go offshore. It would be great if our government allowed us to trade with a UK or Australia regulated broker where our funds are insured and trading conditions are far superior, but they think it's best for us ...

FXCM Discussion

Yes, that is why I trade the way I do. In my example, if broker closes shop, I'm out $3,000, if US broker closes shop, I'm out $24,000. It's a no brainer.

SEC bans Broker-Dealers from retail forex transactions

It means it's time to switch to an offshore broker. Find one you trust, I have and been with them over 2 years, I withdraw every week with no issues. I know, your money is not protected, but it's not in the US either. Benefit is you may keep the ...

SEC bans Broker-Dealers from retail forex transactions

For your first post, this is what you needed to address?. I'm just showing people the alternative. Everywhere I have posted is related to the subject.

FXCM Discussion

To help everyone better understand why, as a US resident, you need to trade offshore, I am going to fully explain how I trade. The point made here is aside from all the lying, cheating, thieving manipulations you must constantly battle with them. ...

What's the deal with forex.com?

How long has FXCM offered a NDD? 2years? Prior to that pure DD with all the tricks and manipulations that go with it. Under 2k, your clients are still subject to it. Aside from the history of US brokers and all their games, my main point will ...

FXCM Discussion

I have traded with several outside of the US and now exclusively with one, who is, by far, the best broker I have traded with in my 7 years.

Looking for new broker with high leverage and accepts US clients

Absolutely not true. Go to Forex Peace Army and check the reviews on FXCM, Forex.com, etc. Then check Trader's Way, FXChoice, etc. While I agree there are some shady brokers out there, the most famous of them are right here in the good 'ole USA.

Looking for new broker with high leverage and accepts US clients

This is exactly my point, though. The US regulators do absolutely nothing to protect the trader or our funds. I understand you are going to defend FXCM, and I get that. But there is no denying all of the tricks all US brokers have been using for ...

FXCM Discussion

To help everyone better understand why, as a US resident, you need to trade offshore, I am going to fully explain how I trade. I trade 5 pairs....GBP/JPY, GBP/AUD, GBP/CAD, EUR/AUD and EUR/CAD. As you can see, I trade the pairs with the largest ...

FXCM Discussion

To help everyone better understand why, as a US resident, you need to trade offshore, I am going to fully explain how I trade. I trade 5 pairs....GBP/JPY, GBP/AUD, GBP/CAD, EUR/AUD and EUR/CAD. As you can see, I trade the pairs with the largest ...

Need US broker for a large account

This is the typical behavior of all US brokers. All types of intervention techniques to make you lose. I've traded offshore for 3 years now and still can't, for the life of me, understand why anyone uses these brokers. The "tough" regulation does ...

OANDA Discussion

I don't use or need any bonuses. Yes, the bonus is a trick, it is simply tradeable as extra leverage. It will blow your account much quicker as well.

ProfiForex Broker Experience

If you are a US resident or citizen, you have two choices: 1. Enjoy the trading freedom as the rest of the world by trading with an offshore, unregulated broker. This is due to the US government not allowing us to trade with any other regulated ...

ProfiForex Broker Experience

I withdrawal weekly from TW. You cannot initiate a withdrawal on the weekend.

Card withdrawals down at Trader's Way?

I agree 100%. I have been trading with unregulated offshore brokers for 3 years. I actually used Profiforex for awhile until I found what better suited my needs. I can name atleast 5 of these brokers who I trust 100%, which I cannot say of any US ...

ProfiForex Broker Experience

May I add, I would love to trade with a regulated broker in the UK or Australia, where my funds are protected. But the good ole US(while claiming to protect me) doesn't allow it.

Need US broker for a large account

So true. I do have an edge, been profitable since 2010. The point I am trying to get across is simply when you are trading with a DD broker, even with an edge, you are at a major disadvantage. Their business model is for you to lose money and they ...

Need US broker for a large account

Another market maker, dealing desk that trades against you Jason Rogers openly admits in an earlier post, that they resort to dealing desk intervention to control risk. Any broker who is counter party to your trade loses money when you win. The ...

Need US broker for a large account

The funny thing is FXCM is probably the best of the US brokers. As I keep stating, you are much better off trading offshore, since these regulations do absolutely nothing to benefit you. By taking advantage of the lower margin requirements, you are ...

Need US broker for a large account