How many USA based forex traders on this board ?
- Thread starter Saxio
- Start date
there is a reason for that. Most forex brokers lost their licenses in US for the simple fact that they were just Bucket shops. They thrive outside US by picking their customers pockets. Most who trade currencies (me and my partners do) in the US use CME currency futures. If one is big enough, you can trade spot at banks.
Even Interactivebrokers is not available for USA residents ?
damn right they do
IB removed it a long time ago. Not sure if they offer it outside US. CME currency futures are great and real markets to trade currencies.
This is strange. I've had the impression for years now that ET is most heavily populated by US traders.
So I did a Google search for indicative phrases on this site -
US trader indications -
IRS = 866 results
Dow Jones = 685
New York = 2,620
NYSE = 2,410
Dollars = 4,040
UK trader indications -
HMRC = 53
FTSE 100 = 204
London = 1,530
LSE = 334
Pounds = 1,020
And now the clincher -
US -
sidewalk = 184
UK -
pavement = 102
I think US traders certainly out-weigh us Brits.
So I did a Google search for indicative phrases on this site -
US trader indications -
IRS = 866 results
Dow Jones = 685
New York = 2,620
NYSE = 2,410
Dollars = 4,040
UK trader indications -
HMRC = 53
FTSE 100 = 204
London = 1,530
LSE = 334
Pounds = 1,020
And now the clincher -
US -
sidewalk = 184
UK -
pavement = 102
I think US traders certainly out-weigh us Brits.
IG and OANDA are legal in USA. Max 50:1 leverage.
Is Gain still around?
I don’t understand why IB is not offering Forex in the USA , they do in Europe ...they are regulated in the USA ...
cheaper to trade Forex spot ...IB has average 0,15 pips spread on eur/usd , futures has 1 pip minimum spread
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IB does still offer FX in the USA. However as an SEC firm they have onerous requirements. I think that it is $10mm in your account unless you meet a number of exceptions. Being series 7 licensed works if that applies.