Britt posted:
   
   robl45 posted:
   
   OceansideForex posted:
   Correct. Most legitimate brokers are now wanting to know 'who the owner is' and if you don't give it to them....you don't get an account.

Don't fall prey to 'scam' brokers.

Instead, write a letter to your government asking why you have no freedom..


we will never have any freedom, things get taken away, they don't get given back.

actually from what i've heard, most brokers could care less who the owner is as long as the corp is foreign as the entity is opening the account and it would be had to believe that the usa is going to coerce these companies to go through all their foreign corps to find ones that have usa owners or directors and such.

the real problem is that this comes from chatting with the brokers. I'll believe it more when i get confirmation that people have opened accounts.


I'm in the same boat as you, Rob. But supposedly an IBC is its own entity, and there's is no specific wording that says an IBC with U.S. residents as directors can't open an account with foreign brokers, from what I've gathered. I doubt that anyone who has successfully opened accounts this way will post it on a public forum.


no but people who have opened them would tell me, and so far no one has actually confirmed opening it. I think it would be safe to assume that a US person as director whether resident or not shouldn't really matter, its the shareholder that would matter for residency if the broker really cared. But if you go to the extent to get yourself a non us shareholder, then you might as well have them be the director when you open the account, no sense trying to create problems.

of course places typically won't take nominees so that option is out. the other option is just become an eligible contract participant, you only need 10 million as an individual and I believe 5 million as a hedge fund. So apparently the USA government wants us to rob banks :)