DislikedThere's more to it than that as I posted a few posts back.
You have to maintain a foreign bank account in the name of the IBC, LLC or whatever.
Which means you need two forms of risk capital. One to stick in a foreign bank to maintain and pay banking fees the other to stick in the broker acct.
A foreign bank account costs more than you can imagine and you take for granted if you live in the USA. (they charge you for everything.)
While people will likely chime in and say "your" money is safer in foreign bank than in the states... it is...Ignored
http://www.barclays.co.uk/Businessba...P1242558530035
As I recall a USD account with them was about £40 a year
£85,000 is guaranteed in banks in the UK, I'm unsure if that includes LTD companies though