You lucked out, unlike this guy.
http://www.smh.com.au/national/i-we...-man-i-woke-up-a-poor-man-20130328-2gxab.html
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Online Leverage
- Thread starter SunnyIsles
- Start date
You lucked out, unlike this guy.
http://www.smh.com.au/national/i-we...-man-i-woke-up-a-poor-man-20130328-2gxab.html
Quote from IShopAtPublix:
Offshore is the way to go. Just don't get involved with a 3rd world country broker and you will be fine. I have access to 500:1(i never go that far or even remotely close) and the company is located in a very prosperous country. I do, however live in fear that one day I am going to get the e-mail about closing my account due to US regulations.
A long time ago I used to have an account with windsorbrokers. Nothing was wrong with them but one day I got the e-mail saying they had to close my account due to US regulations. In retrospect it is even better since the company was located in Cyprus...
conyo, who do you use now?
Quote from SunnyIsles:
conyo, who do you use now?
http://forums.babypips.com/forex-brokers/36221-going-offshore-escape-cftc-199.html
This thread is instructive.
http://www.afb.com.kw/en/help/faq.html
Try this one if it bites.
These offshore brokers really work for US clients? I mean if they trade with them then what about the safety of their funds. In case of any problem where should they go. Anyone knows?
Quote from intervention:
These offshore brokers really work for US clients? I mean if they trade with them then what about the safety of their funds. In case of any problem where should they go. Anyone knows?
Off shore brokers in a country like Russia I would stay away from. Same with Belize. But if an offshore broker is in Finland or something like that instead of a highly corrupt country there is a greater chance of having a problem free experience.
You can also read around on the internet.
Has been trading max 50:1 with Oanda, and their margin is 2%.
A couple of years ago the U.S. Commodity Futures Trading Commission tried to set the maximum leverage for US citizens to 10:1 but failed. It's harder for a US trader to find a good alternative. Offshore brokers help a lot. There's a good selection of brokers with high leverage in Europe. There are a lot of comparison charts in the internet.
A couple of years ago the U.S. Commodity Futures Trading Commission tried to set the maximum leverage for US citizens to 10:1 but failed. It's harder for a US trader to find a good alternative. Offshore brokers help a lot. There's a good selection of brokers with high leverage in Europe. There are a lot of comparison charts in the internet.