Recent content by fxPadawan

  1. F

    ECN brokerage discussion

    There are many amendments to the Dodd-Frank Act being proposed as well as an outright repeal (H.R.87). There is so much in that law (Dodd-Frank Act), but the only thing I know I don't like is making it illegal for me to trade offshore. Research the bills and write your representative...
  2. F

    US alternative to Dukascopy?

    Good question. All I know is who voted Aye and who didn't veto it.
  3. F

    US alternative to Dukascopy?

    @southbeach4me Well, you offended me. Everything on that checklist was available at Dukascopy. Not at all ridiculous. MB Trading has frequent disconnects and that's between TX to CA. How the F does Dukascopy maintain a connection for 2 weeks from TX to F'ing Switzerland without issues...
  4. F

    ECN brokerage discussion

    Dukascopy is regulated, and the best overall FX broker I know for my preferences in a broker (which includes regulation). We'll have to see what kind of spin FXDD puts on Dukascopy's technology. In the meantime, MB Trading is the best overall broker I know of in the US (or is that the...
  5. F

    ECN brokerage discussion

    As I said in my first post on this topic, all you need is $10M to play outside of the US. (v) a corporation, partnership, proprietorship, organization, trust, or other entity— (I) that has total assets exceeding $10,000,000; We are living the propaganda I was taught about Russia and...
  6. F

    US alternative to Dukascopy?

    Dukascopy company news: 15 June 2011 Closing of US residents positions Pursuant to changes in US Forex regulation, US residents who are not eligible contract participants will be invited to transfer their accounts to one of our US partners which will provide Dukascopy Bank's trading...
  7. F

    ECN brokerage discussion

    I had gotten the impression that this was to go into effect in October 2011. After my initial depression when I heard of the Dodd-Frank Act, I seriously considered giving up US citizenship, since this would affect my livelihood. But Dukascopy announced on July 1 that this is happening this...
  8. F

    US alternative to Dukascopy?

    @ddaytrader That was my understanding when I posted this topic due to the apparent FUD from the spammer IB TradersChoiceFX.com. My Dukascopy representative said on Tuesday 2010-10-19 they are still accepting US accounts. As Dukascopy is more reputable than all the brokers...
  9. F

    10:1 could be the new leverage rule

    @ moarla The TradersChoiceFX claim is that US traders will have to trade with US brokers. Not that non-US brokers will be changing leverage. But I'm glad to hear that it is most likely bogus. @ TheMan Probably just an unscrupulous FUD tactic by TradersChoiceFX to go with them as an IB...
  10. F

    10:1 could be the new leverage rule

    I sure hope you are right. I want to register with Dukascopy also and I got this email today which hopefully is only wasting my day on this misinformed topic http://www.traderschoicefx.com/broker-newsletter/newsletter6.html Traderschoicefx's initial contact with me was SPAM, but they have...
  11. F

    US alternative to Dukascopy?

    It is getting difficult for a citizen to abide by the law. 1) If my government is forcing me to trade Spot Forex with US brokers, who is comparable to Dukascopy? MB Trading was my #1 broker of choice after Dukascopy a few years ago. Who would you recommend today? 2) I would like a free...
  12. F

    10:1 could be the new leverage rule

    Effectively starting this trading week (Oct 17, 2010) and it's 50:1 (20:1 on "exotics"). But it looks like the request for comments resulted in informing the US government that traders will go overseas. Now it looks like US traders will also have to trade with US brokers -- also effective...
  13. F

    10:1 could be the new leverage rule

    There is an obvious typo here, "The fact is 100 to leverage is very popular with the retail forex trading public." But due to the initial point, "And the first place they’ll go is to the United Kingdom where customers can trade with leverage as high as 200 to 1". Shouldn't it read like...
  14. F

    Downside to Introducing Broker?

    Is there a downside to using an introducing broker?
Back
Top