Which Broker to choose for US resident?

Dec 30, 2015 at 15:56
3,092 Views
43 Replies
Member Since Oct 27, 2012   35 posts
Feb 02, 2016 at 12:16
Your = you're, so pity there is no option to edit post.
¡ŋ ђθς ş¡ģŋθ ұ¡ŋςəş /
rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Feb 02, 2016 at 18:55
BoneTrader posted:
Your = you're, so pity there is no option to edit post.

yes there is..
Member Since Oct 15, 2013   8 posts
Feb 03, 2016 at 07:54
ForexBrokerINC they accept US citizen with no- FIFO rules , hedging rules and no CFTC governing. Great reviews and bonuses.
Member Since Jan 30, 2017   12 posts
Feb 07, 2017 at 11:07
Most of the US brokers do not offer good leverage and have a lot of conditions attached to opening an account.
 In case you want to open account and you are from US, I would recommend you to do your complete research and make your complete analysis before you do it.
Member Since Feb 22, 2011   4862 posts
Feb 07, 2017 at 15:50
BoneTrader posted:
Hi,

I've moved to USA couple of months ago and hope will stay here for a long term.

I wish to trade on Forex and as I know there are som especial regulations regarding US residents trading on Forex, so which broker should I look at, or maybe there is some good topic regarding Forex Trading for US residents that I ought to read?

Thanks for your help in advance, have Happy New Year!

P.S. Are here any traders from USA? :)

US brokers sucks
If you moved to US why dont you use your previous country to find proper broekr
Member Since Oct 27, 2012   35 posts
Feb 08, 2017 at 07:47
@togr

Because non-US brokers usually do not let US residents to open accounts.
¡ŋ ђθς ş¡ģŋθ ұ¡ŋςəş /
Member Since Feb 22, 2011   4862 posts
Feb 08, 2017 at 08:47
BoneTrader posted:
@togr

Because non-US brokers usually do not let US residents to open accounts.
@BoneTrader
the point is why dont you open account at broker with your passport of previous country?
Member Since Apr 06, 2014   11 posts
Feb 26, 2017 at 06:35
I am an US resident and was thinking about trying out Forex Broker Inc or FxGlory.

Which one would you think would be the better broker?

I have read that FxGlory does not like to payout not sure if that's true.

I am just looking for a broker that has higher leverage than 50:1 and I want to be able to withdraw my profit with out any problems.

Your thoughts would be greatly appreciated.
Member Since Feb 22, 2011   4862 posts
Feb 27, 2017 at 07:58
price_action posted:
I am an US resident and was thinking about trying out Forex Broker Inc or FxGlory.

Which one would you think would be the better broker?

I have read that FxGlory does not like to payout not sure if that's true.

I am just looking for a broker that has higher leverage than 50:1 and I want to be able to withdraw my profit with out any problems.

Your thoughts would be greatly appreciated.

I dont think any of these is good.
FxGlory is very outdated similar to RVDMarkets which disappeared with clients money
FBI had account with them and got blocked for no obvious reason
There are better brokers read above
Member Since Apr 06, 2014   11 posts
Feb 27, 2017 at 21:33
Well, Vipro Markets and Tallinex do not support US clients.
May be they did in the past, when I visit there website a message pop up and say's we do not support US-clients.

There are plenty of bad review on FxGlory and FBI brokers,I thought maybe there where people on myfxbook that have used them with better luck. If vontogr had problems with FBI I probably will to.

I guess I will keep looking.....
Member Since Jan 31, 2017   30 posts
Apr 10, 2017 at 08:42
You can refer to this list mention on babypips (https://forums.babypips.com/forex-brokers/36221-going-offshore-escape-cftc.html ) to find the brokers that accept US clients.
Member Since Jan 31, 2017   6 posts
Apr 19, 2017 at 08:47
Yes, tallinex has stopped accepting US clients in fact they sold their US clients Capital City Markets (CCM). And indeed this babypips link is very useful, you will come across very good offshore brokers having good reviews and offering trading conditions suitable to your trading styles.
Member Since Sep 02, 2020   5 posts
Feb 13, 2021 at 20:16
togr posted:
BoneTrader posted:
Hi,

I've moved to USA couple of months ago and hope will stay here for a long term.

I wish to trade on Forex and as I know there are som especial regulations regarding US residents trading on Forex, so which broker should I look at, or maybe there is some good topic regarding Forex Trading for US residents that I ought to read?

Thanks for your help in advance, have Happy New Year!

P.S. Are here any traders from USA? :)

US brokers sucks
If you moved to US why dont you use your previous country to find proper broekr


I have the same problem. As a foreigner living in the US, I’m trying to figure it out if I can open an account with a broker that usually does not accept US residents.
Before doing that it’s important to find out how I’m supposed to pay tax on both countries.
I’m trying to find a professional who could answer some of my questions.
Does anyone know someone??
Member Since Dec 11, 2020   14 posts
Jun 11, 2021 at 05:14
You can go with a good regulated broker that accepts clients from the US, or you can trade with offshore brokers as well. As long as a broker fulfills your trading requirements and seems legit it is fine
Member Since Jun 15, 2021   20 posts
Jun 21, 2021 at 09:22
taskfries posted:
You can go with a good regulated broker that accepts clients from the US, or you can trade with offshore brokers as well. As long as a broker fulfills your trading requirements and seems legit it is fine
Exactly.
I believe good trading conditions are what matters the most in forex trading.
Member Since Aug 13, 2021   43 posts
Sep 09, 2021 at 08:40
I want to suggest to you ZFX at first, but I did not pay attention to the US restriction ZFX is good but it does not accept US resident due to CFD nature for some particular product
Member Since Feb 20, 2021   53 posts
Oct 27, 2021 at 10:41
Coinexx accept US clients, trading conditions are solid.
Member Since Jul 23, 2020   759 posts
Feb 06, 2022 at 20:26
Some brokers do not accept US clients due to government regulations, but brokers outside this country are willing to accept clients around the world.
Member Since Apr 09, 2019   538 posts
Feb 14, 2022 at 10:38
Depends if you want to submit to the confines of regulation or not. Bear in mind your funds aren't protected by the CFTC
If you can't spot the liquidity then you are the liquidity.
Member Since Dec 08, 2021   308 posts
Feb 14, 2022 at 16:20
Solid ECN accepts traders from the US.
Solid ECN, a True ECN Broker
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.