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- pipmaster77 replied May 25, 2016
So glad I've been trading offshore for 3 years. Did all the broker research, I have better spreads, execution and commission than anywhere in the US anyway. All 3 big brokers trade against you, hunt stops, freeze platforms, don't want to pay when ...
SEC bans Broker-Dealers from retail forex transactions
- pipmaster77 replied May 13, 2016
Who are you trading with that has a 7 pip spread? Mine is 1.8 + 0.8 commission. Total 2.6. This pair and GBPAUD are my money makers.
EUR/AUD
- pipmaster77 replied May 4, 2016
I agree, UK is the way to go. Which brings me to the point if US regulators were really concerned about US traders, they would allow us to trade with UK brokers. They don't. Why? Back to my original point...they do not want spot forex to exist in ...
Best Broker?
- pipmaster77 replied May 4, 2016
That hits it right on point. Leverage has nothing to do with risk. I can risk 2%, 3%, 10%, whatever with a 10 pip stop or a 1000 pip stop. The tighter the stop, the greater the leverage I can afford. Use a tight stop, Run the trade into profit, move ...
Best Broker?
- pipmaster77 replied May 4, 2016
The funny thing is, even if brokers in the US wanted to provide segregated accounts, the CFTC will not allow them to. The regulation in the US has one purpose.....to completely eliminated spot forex so that everyone will move back to futures. That's ...
Best Broker?
- pipmaster77 replied May 4, 2016
Wish I had that choice in the US. It's either crooked regulated broker with no protection of funds or trustworthy unregulated broker with no protection of funds. As a US resident, to me it's a no brainer as I only need 10% of the money on deposit ...
Best Broker?
- pipmaster77 replied May 4, 2016
What everyone here seems to be missing is US residents do not have a choice. You can either trade with: a. the crooks regulated by the CFTC in the US. Ironically, for what is touted as the toughest regulation in the world, the brokers seem to do ...
Best Broker?