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IB will open an account for non resident aliens only via their UK subsidiary IBUK

Both will not accept international accounts to my knowledge

Yes, but they are hiding, afraid to get sacked ...

And if you mean to live within SCHENGEN-AREA you`re required to register with local (sometimes police) authorities and yout stay per countries is (without proper permits) restricted to 3 month per year.

Welcome to the world of FATCA

Being a NRA (non-resident-alien) with poor language command and vanishing cognitive abilities I would consider a timespan of 7 days a week and max weekly move not a synonym of max weekly loss. Being also an option writer "weekly" and " max move" are very meaningful trigger words for me.

Nobody here (besides me) who remembers 1987?

As far as I know, the world of banking and brokerage has changed dramatically: No "shielded accounts" anymore, only ONE account per customer (all others are subaccounts), within EU area (and UK) central registration of all accounts for fiscal and governmental reasons, globally once per year...

You are aware that IB-UK (all european accounts) won`t allow you to trade most US ETFs due to ESMA regulations? I won`t talk to IB about EU citizenship.

Their gain is a commission - IB might be unknown to you - they are not a spreadbetting bucket shop. Your firm won`t charge commissons. So where is your gain without violating your customers interest?

Interactive Brokers working against their clients? Yes there are some pseudo (cfd) brokers - caveat emptor. But there is also lots of lovely fake news by US brokers on this topic. Reasons to trade CFDs (if you`re allowed to)? Leverage, scaling, .... lots of other reasons. Horses for courses.

But now nobody would use it as everybody knows it stopped working ..... is it dead or just asleep?

Due to IRS agreements with most foreign countries (FATCA) opening an account with offshore brokers and banks is not easy. Brokers under ESMA regulation are not permitted to sell US basket products to their customers.

If by any chance you are US citizen or US resident --- you will have problems to find a foreign broker or bank -- FATCA. If your broker (like internaxx) resides in EU or UK ---- they won`t be allowed to offer you US ETFs.

With any EU (incl UK) based firm you will nit be able to trade ETFs, just plain vanilla stocks. And aside of IBUK (and theit introducing brokers Captrader, Lynx etc) no one will offer you RegT margin. So you should consider swiss cfd brokers like IGbank Switzerland.

Well Saxobank are not easy to work with. PDT rule only applies for trades at US brokers.

Not where he is originated from, but where he has proved to live and stated his local Tax Id No. Especially from W8-Ben.

If you intend to trade US markets: With binck -like IB UK- you can`t trade any US ETFs, you can trade options on those, but no credit spreads available. So remains Saxobank (Switzerland only) or Swissquote. But best option I would consider Tastyworks.

Thanks

Would you kindly explain your own way? Thanks Hittfeld p.s. Didn`t you run a website detailing this? If so, I lost the url. Please reload.