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  1. O

    Etrade bans Caveat Emptor labeled pennystocks

    Exactly. The brokers are only doing it because it's too expensive for them with all the extra charges
  2. O

    Etrade bans Caveat Emptor labeled pennystocks

    https://us.etrade.com/l/f/disclosure-library/otc
  3. O

    OPG/MOC orders for OTC stocks with IB

    is IB still doing only per share commission pricing on OTCs?
  4. O

    The IRS Reels in a Whale of an Offshore Tax Cheat—and Goes for Another

    I think you are overestimating their skills. Sounds like this guy got screwed by his Swiss Bank who handed over the info to IRS (because of new reporting requirements) and it snowballed from there.
  5. O

    Is it normal tradestation to request a call to dealing desk to approve otc stocks trade?

    Yes you can buy some OTC online with Tradestation but their commision rates are not ideal for pennystocks
  6. O

    New York Times report on Trump holding an account at a Chinese bank

    The comment was aimed at someone else who in the meantime deleted it
  7. O

    New York Times report on Trump holding an account at a Chinese bank

    Probably for the best then - because that story has more holes than swiss cheese.
  8. O

    I cant trade OTC stocks with IB because their price caps. Need an alternative

    people are making hundreds of thousands of dollars on otcs with etrade. It's not that slow. E-trade is also an MM it shows up on level 2 under ETRF
  9. O

    I cant trade OTC stocks with IB because their price caps. Need an alternative

    Aren't you in America? Almost all the big otc players I know use an American broker and they have no problem making a killing with E-trade
  10. O

    Almost 2,000 RobinHood Accounts Hacked

    Interesting. I thought they don't accept clients outside the US.
  11. O

    Setup for non-US traders that want to invest and trade in the US: US LLC owned by an offshore corp

    It's not. 2 out of those 3 won't open an account for a foreign-owned single member LLC even with IRS EIN. Just trying to save you some money but go ahead find out for yourself.
  12. O

    Setup for non-US traders that want to invest and trade in the US: US LLC owned by an offshore corp

    As a pass-through US LLC you have to file a few tax forms otherwise IRS fines you 25k per year but it's nothing major accountant fees wise. The biggest problem I found was that most retail brokers don't accept a foreign owned LLC even if it's registered in a US state with an EIN from IRS. They...
  13. O

    I cant trade OTC stocks with IB because their price caps. Need an alternative

    https://centerpointsecurities.com/routes/ They might be able to route to ARCA on BB (see list) but I can't vouch for them because I never tried this broker.
  14. O

    Friend of mine posted his P$L for September, not a bad month!

    so your friend isn't a newbie then
  15. O

    Friend of mine posted his P$L for September, not a bad month!

    lol it's 2000 all over again where everyone becomes a trading genius
  16. O

    Billionaire Returns to High-Tax New Jersey to Face $120 Million Tab

    It's hard concept to grasp in America. Everyone who pays taxes is stupid apparently.
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