Can the broker know where I am physically trading from?

  • Thread starter Thread starter 3acor
  • Start date Start date
I see you are from Canada. We do not care where you trade from. You can travel where you please. Your regulator has laws that make it hard to offer brokerage services if you are a resident of Canada without our broker being registered in Canada. It would not matter if you trade from another country. It is hard to meet requirements with a Candian passport living in another country to avoid this.
 
Robert Morse said:
I see you are from Canada. We do not care where you trade from. You can travel where you please. Your regulator has laws that make it hard to offer brokerage services if you are a resident of Canada without our broker being registered in Canada. It would not matter if you trade from another country. It is hard to meet requirements with a Candian passport living in another country to avoid this.
More...

Ok thanks for your response. I appreciate it :)
 
Keep in mind a VPN can be used to show that you're located pretty much wherever you choose, regardless of where you really are. Helpful for any location restricted service.
 
ProForex said:
Yes.. because of IP address .. and as everyone says best option is to get a VPN if you want to mask your location..
More...

If you are hiding where you are trading from it raises red flags - money laundering, tax evasion, share manipulation and more. You should ask your broker if you can hide your IP address and see how long you remain a client !
 
eastern_warrior said:
If you are hiding where you are trading from it raises red flags - money laundering, tax evasion, share manipulation and more. You should ask your broker if you can hide your IP address and see how long you remain a client !
More...

Imo:

Typically, brokers aren't using your IP address to confirm your residence. They confirmed your residence when you opened the account.

If they are/become concerned about your IP location, it's because they want to be sure your account isn't being hacked.

Also, most times, most businesses know the difference between a VPN IP address and a non-VPN IP address. IOW, most times, they can know who's on a VPN ... if they care.
 
You must log in or register to reply here.
Back
Top