Looking for a Broker that allows USA clients ( me and many others). Must allow hedging and allows rebates. Id like to have great leverage and small start up deposit for the average Joe. I have a home built EA that goes through alot of pips in trading, to make a good profit. ( 6 pairs) s, a rebate would be nice to maximize my bank balance and growth. I may be dreaming of this type of broker, but im trying. Small pip spread on the majors would be a bonus. Thanks Garry

Thanks..smile. Im exploring Hotforex and FxOptimax They dont advertise USA clients but offer 'other' country as a option.

FinFX does accepts US clients, they charge a 7 commission per roundturn lot ONLY on ECN accounts. Their micro accounts do not charge commission, but the spreads are still very good. This is an awesome broker spread tool myfxbook has: http://www.myfxbook.com/forex-broker-spreads.

They offer 200:1 leverage, They allow hedging and EA's. I haven't traded with them for too long because I was with Hot Forex until they said they stopped accepting US clients, but have been really impressed with their customer service.

I use a VPS and have great execution, I use Commercial Network Services. Here's their broker latency chart: http://helpdesk.commercialnetworkservices.net/index.php?_m=knowledgebase&_a=viewarticle&kbarticleid=174

You asked about rebates, I use Rebates Forex gives .24 pip back on Micro accts and $.60 back on ECN per lot. They usually pay me before the 10th of the month. http://www.rebatesforex.com/brokers/finfx

There are several decent USA mt4 brokers available that will allow rebates on your trading volume. Please let me know if you are still searching for one.

   forexproptrader posted:
   There are several decent USA mt4 brokers available that will allow rebates on your trading volume. Please let me know if you are still searching for one.

That's true there are several decent USA brokers, but the Professor is looking for the ability to hedge as well, which isn't allowed under Dodd-Frank. But I believe you can with FXDD, they don't call it hedging though and they have it reported different to follow FIFO rules. I'm currently 'hedging' on a FXDD demo acct, it might not work when it comes to their live accounts, you'll have to try it out for yourself. Or if anyone else has experience of 'hedging' on a FXDD live acct, chime in.

One simple way to get around this is to have $10 million invested and then you don't have to play by the CFTC rules. Easy enough right? I'm glad they're looking out for the smaller investors. Sarcasm? Possibly...